2049 Waynesboro Hwy, Waynesboro, TN 38485-6519
This exceptional 2,164 square foot property, situated on a sprawling 5.42-acre lot in Waynesboro, Tennessee, presents a remarkable investment opportunity. Previously operating as a bar and grill, the main building boasts a fully equipped kitchen, ample seating areas, and convenient parking. Its adaptable layout offers endless possibilities for conversion into a private residence, a new business venture, or a versatile multi-purpose space. Adding to its appeal is a charming one-bedroom cabin currently generating rental income from an existing tenant, providing an immediate return on investment. The expansive acreage offers ample space for outdoor activities, future expansion projects, or the construction of additional structures. Its strategic location, just two miles from the popular Crazy Horse Recreational Park (a major canoe rental hub on the Buffalo River), and minutes from Buffalo River trail rides and nearby campgrounds (Pine Bluff and Hearthstone), positions this property ideally to cater to the growing outdoor recreation market. This unique offering combines commercial, residential, and rental income potential, all within a peaceful rural setting while still maintaining convenient access to local amenities. This is a truly rare opportunity for entrepreneurs, investors, or anyone seeking a unique and versatile property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.