297 Haywood StWaynesville, NC 28786

  • Commercial real estate
  • 3,480 SF
For Sale
$2,300,000 View listing

Property Details for 297 Haywood St

Year built
1953
Lot size
0.72 AC
Property size (Sq ft)
3,480 SF
Zone code
CBD
Property type
Commercial real estate
APN
8615-27-9894
APU
8615279894

Description

This exceptional commercial property at 297 Haywood Street, Waynesville, NC, presents a unique investment opportunity. Priced at $2,300,000, this 0.72-acre site offers seven individual units within a building originally constructed as a car dealership and later converted to retail space in the 1980s. The property benefits from a highly visible location in the heart of Waynesville, a thriving mountain town known for its strong community and stunning natural beauty. This translates to significant foot traffic and high visibility, attracting both local residents and the considerable influx of tourists who visit Waynesville year-round. The building's adaptable layout offers potential for a variety of business ventures, making it an ideal investment for entrepreneurs seeking a profitable enterprise in a desirable location. The picturesque mountain setting adds to the property's appeal, creating a unique and attractive environment for businesses and customers alike. This is a rare chance to acquire a well-situated commercial property in a growing mountain town with significant potential for future growth and profitability. The property's history as a car dealership and subsequent conversion to retail space demonstrates its adaptability and resilience within the Waynesville market. This established location offers immediate potential for income generation and long-term capital appreciation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,019,049
    Hospitality
    $933,443
    Educational
    $776,614
    Medical
    $803,323
    Retail
    $1,208,066

Location Insight

City
Waynesville
County
Haywood
State
North Carolina
Latitude
35.4921
Longitude
-82.9886
CBSA code
11700
CBSA name
ASHEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$316,800
$677,300
$994,100
-
$316,800
$677,300
$994,100

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