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    OFF-MARKET
    Residential income homes

    99 Walnut St, Waynesville, NC 28786

    3,284 SF 0.27 ac lot Built 1880
    Property ID
    US53-1959564
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 99 Walnut Street, Waynesville, NC 28786, presents a rare investment opportunity. The 3,284 square foot building, constructed in 1880, sits on a 0.27-acre lot and boasts a permitted commercial (COMM) zoning. Currently configured as a single-family rental, this two-story structure offers immense potential for various commercial uses, including retail, office space, professional services, or even a brewpub or art studio. Its central business district location provides easy access to the courthouse, Main Street Waynesville's vibrant shops and restaurants, and convenient parking. The property's historical Arts and Crafts architectural style adds unique character and charm. The asking price is $752,000, translating to $228.99 per square foot. This represents a compelling investment in a thriving community experiencing significant economic and population growth. The property's single unit configuration offers flexibility for future development and adaptation to a variety of commercial tenants. The Haywood County location offers a blend of small-town charm and convenient access to amenities. This is a chance to acquire a piece of Waynesville's history with significant upside potential. The property's APN is 8615-38-9970.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1880
    Total area 3,284 SF
    Lot 0.27 ac (11,761 SF)
    APN 8615-38-9970
    UPID US53-1959564
    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
    • Epic Photography Photography Service (Bike/Boat/Book/etc) Store
    • Studio828 Photography Service (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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