Property summary
This exceptional offering presents a rare opportunity to acquire two established and highly successful commercial businesses in the desirable Haywood County, North Carolina. The properties are strategically located to capitalize on significant tourism within the Blue Ridge Parkway and Great Smoky Mountains National Park area. The Waynesville location, situated at 1940 S Main Street, boasts a dynamic and engaging atmosphere. This venue offers a diverse range of entertainment options including a full-service bar, extensive menu, multiple beer taps, axe throwing, a full arcade, cornhole, and pickleball. Furthermore, there's significant potential for expansion with approximately 7,000 square feet of unused space. The second location, at 4352 Soco Road in Maggie Valley, complements the Waynesville property with its own thriving full bar, brewery, and expanded dining experience. Recent upgrades include a modernized interior, updated fixtures, and state-of-the-art kitchen equipment. A key advantage is the ample parking available, with over 130 spaces collectively serving both locations. This combined offering presents a unique investment opportunity with substantial potential for growth and profitability in a stunning mountain setting. The properties are listed collectively, offering a cohesive and synergistic business model, but are also available for separate purchase for added flexibility. The 2.58-acre lot in Waynesville provides ample space for future development.
Property profile
VerifiedCap rate & NOI
Current use
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Golf Course
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Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
South Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
SM-BD · Waynesville, NCSouth Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
South Main Street Business District (SM-BD) Waynesville, North Carolina, Code of Ordinances Updated 4-1-25 Page 8 of 280 Regional Center (RC) Dellwood/Junaluska Regional Center (DJ-RC) Hyatt Creek Regional Center (HC-RC)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SM-BD in Waynesville, NC.
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