For Sale
$486,900

1778 Dellwood City RdWaynesville, NC 28786

High-Traffic Location, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1,200 square foot retail property, situated on a 0.47-acre lot in Waynesville, North Carolina, presents a compelling investment opportunity. Located at 1778 Dellwood City Rd, this single-story, 1947-built building boasts a prime location between Maggie Valley and Waynesville, ensuring high visibility and significant traffic. Currently operating as a food service establishment under a long-term lease extending to 2029, the property generates a consistent income stream. The current monthly rent is $2,500, slated to increase to $3,000 per month in 2026. The property is zoned for commercial use (Comm) and features a single unit within a single building. The asking price is $486,900, translating to $405.75 per square foot. This represents a rare chance to acquire a profitable, established business in a high-demand area, offering both immediate income and significant long-term potential. The property's APN is 8617-10-6618. This turnkey operation is ideal for savvy investors seeking a stable and appreciating asset in a thriving community. The property's net rentable square footage is 1,200 square feet.

Highlights

  • $486,900 asking price for a 1,200 SF retail property.
  • Located at 1778 Dellwood City Rd, Waynesville, NC 28786.
  • Property includes a 1,200 SF restaurant/storefront with a long-term lease in place (through 2029).
  • Current rent is $2,500/month, increasing to $3,000/month in 2026.
  • High-traffic location between Maggie Valley and Waynesville, offering a strong investment opportunity.

Property Details for 1778 Dellwood City Rd

Property type
Retail properties, Restaurants
Square Feet
1,200 SF
Year Built
1947
Buildings
1
Stories
1
Lot Size (sq. ft)
20,473 SF
Units
1

Location Insight

City
Waynesville
County
Haywood
State
North Carolina
Latitude
35.5272013
Longitude
-82.9953733
1778 Dellwood City Rd, Waynesville, North Carolina

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1778 Dellwood City Rd
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