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    OFF-MARKET
    Retail space

    90 Main St, Waynesville, NC 28786-3889

    2,575 SF 0.09 ac lot Built 1930
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US53-0836371
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a captivating three-story storefront building situated at 90 N Main St, Waynesville, NC 28786. Boasting a total of 5,200 square feet, this property offers a unique blend of historical charm and modern functionality. Currently housing two well-established tenants, one facing Main Street and another on the lower level facing Wall Street, this building provides immediate income potential. The building's strategic location within Waynesville's Central Business District ensures high visibility and foot traffic. Constructed in 1930, the building sits on a 0.09-acre lot (APN 8615-37-4470) and is zoned C-1. Adding to its appeal, the third floor has undergone recent permitted updates, transforming it into a one-bedroom apartment complete with updated electrical, plumbing, and structural elements. This apartment offers stunning views of Main Street, providing additional rental income or owner occupancy potential. The asking price is $1,325,000, translating to $254.81 per square foot. This property represents a rare chance to acquire a piece of Waynesville's rich history and capitalize on a thriving commercial market. Don't miss this chance to own a piece of Waynesville's vibrant downtown.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1930
    Total area 2,575 SF
    Lot 0.09 ac (3,964 SF)
    Zoning code CBD
    APN 8615-37-4470
    UPID US53-0836371
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Kilwins Waynesville Grocery & Convenience Store Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bradlee R Tanzer · 3 yrs held
    Bradlee R Tanzer
    since 2023
    2 recorded transactions
    2023
    2021
    $400,000
    Zoning & alternative use
    CBD · Waynesville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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