1659 S Main St Waynesville, NC 28786

This mixed-use commercial redevelopment opportunity in Waynesville offers 0.709 acres in the South Main Street Commercial District with five income-producing buildings, flexible zoning, and frontage on a high-visibility corridor identified by NCDOT for future redevelopment. Minutes to retail anchors, downtown Waynesville, and Hazelwood, this property is positioned for long-term upside. Located at 1659 South Main Street, this assemblage includes five separate buildings with a combination of commercial, office, and residential uses. Several units are currently leased on month to month terms, all at below market rents, allowing flexibility for repositioning, redevelopment, or income optimization. Building mix includes: "¢ Approx. 1,700 sq ft freestanding commercial building with South Main frontage and existing tenant "¢ 1,200 plus sq ft stone building configured into three separate office or studio style spaces (one currently rented) "¢ Duplex with two 1-bedroom 1-bath units, currently vacant "¢ Two additional freestanding rental units, both rented month to month The adjoining property (same owner) directly adjoins land backing to the Waynesville Inn and Golf Resort, strengthening redevelopment potential and long-term value. Residential uses are permitted under zoning, supporting mixed-use or adaptive reuse concepts. Positioned less than five minutes from downtown Waynesville and downtown Hazelwood, and just minutes east of major retail, including Walmart, Best Buy, and Ingles. This stretch of South Main Street has been identified by the North Carolina Department of Transportation for future corridor redevelopment. Offered at $469,000, this is a rare opportunity for developers or investors seeking scale, zoning flexibility, and future growth along one of Waynesville's most important commercial corridors.