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Executive Summary

Rare opportunity to own an entire building in the heart of downtown Waynesville. This well-positioned, one-of-a-kind property offers excellent street frontage, strong walkability, and multiple income-producing components in one of Western North Carolina's most charming and active downtown districts. The current owner has put their heart and soul into the thoughtful rehabilitation of this classic building, preserving its character while maintaining and managing the property to an exceptional standard. The main-level dog bar is in immaculate condition and fully built out for a new operator, featuring a full bar, full commercial kitchen, brick oven, hood system, and included FF&E. The space is turnkey ready and designed for immediate food and beverage use. A second commercial unit is occupied by Smoky Mountain Dog Bakery, a long-term tenant currently operating month-to-month and open to negotiating a new lease term that is mutually beneficial to both the tenant and new owner. Street-level access doors provide convenient deliveries for food, beverage, and inventory. The third unit is a highly attractive short-term rental with a strong rental history, adding additional income potential and flexibility, or providing living quarters for the building owner/restaurant operator. Walkable to shops, restaurants, breweries, and everything downtown Waynesville has to offer, this is a rare chance to acquire a versatile mixed-use asset with established income, operational upside, exceptional downtown visibility, and true pride of ownership throughout.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,232 SF
Building Class
C
Year Built
1918
Price
$2,300,000
Price Per SF
$279.40
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.98 AC
Zoning
CBD - Central Business District

Amenities

  • Restaurant
  • Security System
  • Air Conditioning
  • Cafe
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
40/100

Nearby Major Retailers

Truist
United Community Bank
First Citizens Bank
Zaxby's
Waffle House
Starbucks
Grocery Outlet
Publix

Property Taxes

Property Taxes

Parcel Number
8615-37-0107
Land Assessment
$126,800
Improvements Assessment
$780,100
Total Assessment
$906,900
  • Listing ID: 41207979

  • Date on Market: 7/8/2026

  • Last Updated:

  • Address: 44 Church St, Waynesville, NC 28786

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