1659 S Main Street

Waynesville , NC 28786

MLS#: 4349108

$875,000

Status: Active Under Contract
Listing number: 4349108
Listing provided by: Better Homes and Gardens Real Estate Heritage
Listing agent phone: None
Last update: 9 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1945

Sq.Footage

N/A

Rare redevelopment assemblage in the heart of Waynesville’s South Main corridor: this combined offering includes 1.53 acres with 15 existing rental units across two contiguous parcels, zoned South Main Business District (SM-BD) with flexible commercial and multifamily use potential. Parcel 1 (0.709 acres) includes a freestanding 1,746 sq ft commercial building, a triplex-style stone structure, one duplex, and two freestanding apartments—7 units total. Parcel 2 (0.82 acres) features 8 residential units across multiple cottages and duplexes, with 7 of 8 currently occupied. One unit is uninhabitable due to past flood damage. All structures are mid-20th-century and in fair to poor condition, with deferred maintenance, aged roofs, and no central HVAC. This site is priced for land value and upside, not stabilized income. Zoning allows for a wide range of future uses, including multifamily, mixed-use, retail, office, or boutique hospitality. Walkable to Ingles, Walmart, breweries, restaurants, and downtown Waynesville. The parcels back to the newly revitalized Waynesville Inn & Golf Club and sit within the designated South Main Redevelopment District, offering visibility, scale, and access for developers. Combined, the parcels create a rare infill footprint with Main Street frontage, public utilities, and proximity to growing commercial anchors. Buyers may explore adaptive reuse or full redevelopment. Do not disturb tenants. Showings by appointment only. -

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stone

  • Pool

    No

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Level

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $875,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

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Haywood

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Listing Courtesy of Thomas Mallette , Better Homes and Gardens Real Estate Heritage

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Rare redevelopment assemblage in the heart of Waynesville’s South Main corridor: this combined offering includes 1.53 acres with 15 existing rental units across two contiguous parcels, zoned South Main Business District (SM-BD) with flexible commercial and multifamily use potential. Parcel 1 (0.709 acres) includes a freestanding 1,746 sq ft commercial building, a triplex-style stone structure, one duplex, and two freestanding apartments—7 units total. Parcel 2 (0.82 acres) features 8 residential units across multiple cottages and duplexes, with 7 of 8 currently occupied. One unit is uninhabitable due to past flood damage. All structures are mid-20th-century and in fair to poor condition, with deferred maintenance, aged roofs, and no central HVAC. This site is priced for land value and upside, not stabilized income. Zoning allows for a wide range of future uses, including multifamily, mixed-use, retail, office, or boutique hospitality. Walkable to Ingles, Walmart, breweries, restaurants, and downtown Waynesville. The parcels back to the newly revitalized Waynesville Inn & Golf Club and sit within the designated South Main Redevelopment District, offering visibility, scale, and access for developers. Combined, the parcels create a rare infill footprint with Main Street frontage, public utilities, and proximity to growing commercial anchors. Buyers may explore adaptive reuse or full redevelopment. Do not disturb tenants. Showings by appointment only. -

1659 S Main Street

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