$695,000
( )
 $3,731 est/mo Sourced by Back At You

34 Maple Street,Waynesville, NC 28786

Waynesville, NC 28786

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Description

Exceptional value-add investment opportunity just minutes from downtown Waynesville. This 5,760± SF freestanding commercial building currently generates $38,868 in annual rental income from three established tenants while offering approximately 3,200± SF of shell space ready for lease-up, expansion, or owner occupancy. Positioned at a highly visible corner location adjacent to the new traffic circle, the property benefits from improved access and traffic flow connecting Asheville Highway, Russ Avenue, and downtown Waynesville. The location is poised to capitalize on continued residential growth, with numerous new homes under construction within approximately one mile and multiple apartment communities recently completed or nearing completion nearby. This expanding residential base creates increasing demand for retail, medical, office, service, and restaurant users seeking convenient access to one of Haywood County's fastest-growing corridors. Net, potential income with leased up space is approximately $59,000 creating a capitalization rate of nearly 8%. With immediate cash flow, substantial lease-up potential, ample parking, and excellent visibility, this property offers investors and owner-users the rare combination of current income and significant upside in a thriving market just moments from downtown Waynesville.

Details

MLS #4390794
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1984
Days On Site93
Listing Provided ByKeller Williams Great Smokies | Matthew Wells

Features

Story(s)1
Building(s)1
Acreage0.58

Interior

CoolingHeat Pump
HeatingElectric, Heat Pump
Window FeaturesDisplay Window(s), Insulated Window(s)
AppliancesOther

Exterior

RoofArchitectural Shingle
Construction MaterialsBrick Partial, Wood
Foundation DetailsSlab
Lot FeaturesCorner Lot, Flood Fringe Area, Flood Plain/Bottom Land, Level, Paved

Parking

Parking FeaturesParking Lot, Parking Space(s)

Utilities

UtilitiesCable Available, Natural Gas

Other

List AorCanopy Realtor Association

Taxes

Property536200

Area Information

StateNC
CountyHaywood
CityWaynesville
Zip Code28786
AreaHaywood
Listing VS Median (in 28786)
Price:
$695,000
low | high
Med:
$498,000
78.345323741007% of Average
On site:
93
low | high
Med:
45
100% of Average
Sourced by Back At You

Market Activity 28786

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of September 11, 2026 at 2:07:38 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyHaywood
CityWaynesville
Zip Code28786
AreaHaywood
Listing VS Median (in 28786)
Price:
$695,000
low | high
Med:
$498,000
78.345323741007% of Average
On site:
93
low | high
Med:
45
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 5:04:46 PM PDT
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