$695,000
34 Maple St, Waynesville, NC 28786
0 bed · 0 bath
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Presented by Citadel Cofield · Office (980) 272-8547
About This Property
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.
LISTING COURTESY OF: KELLER WILLIAMS GREAT SMOKIES
matthewwells@kw.com
About the Neighborhood
Looking for the perfect Commercial Sale in Waynesville? The 28786 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Stories: 1
- Year Built: 1984
- New Construction: No
- MLS #: 4390794
Association
- HOA Required: No
Utilities
- Cable Available
- Natural Gas
Interior Features
- Heating: Electric, Heat Pump
- Cooling: Heat Pump
Appliances
- Other
Construction Materials
- Brick Partial
- Wood
- Foundation: Slab
- Roof: Architectural Shingle
Cooling
- Heat Pump
Foundation Details
- Slab
Heating
- Electric
- Heat Pump
Parking Features
- Parking Lot
- Parking Space(s)
Exterior Features
- Patio/Porch: Awning(s)
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
Sewer
- Public Sewer
WaterSource
- City
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Window Features
- Display Window(s)
- Insulated Window(s)
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
$695,000
Est. Payment: $3,572/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Waynesville, NC 28786
0
bedrooms
N/A
baths
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sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Keller Williams Great Smokies
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Listing information © 2026 Canopy MLS. All rights reserved.