90 Main St, Waynesville, NC 28786-3889
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.
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Kilwins Waynesville Grocery & Convenience Store Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Waynesville, NCWaynesville. Always verify with local authorities before improvements.
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.