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$1,990,000
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Property Description
This 19,700+ sq ft commercial space on approx 1.5 creekside acres is a fantastic opportunity, currently thriving as a highly successful restaurant/brewery, but is an ideal location for a variety of uses including an event venue, church, storage units, grocery store or even divided it could house multiple businesses and offices. Featuring a welcoming atmosphere with 300+ seating, a fantastic bar area, and all new/updated kitchen equipment. Additionally, enjoy amenities such as an arcade, axe throwing booth, cornhole court and virtual golf! Do not miss this highly flexible space with over 10,000 sq ft of basement space a blank canvas and with town approval for roof top bar and seating, the possibilities for future expansion or development are endless. With Western NC being a top destination for wedding venues this could be the perfect addition to the limited selection of event venues in the area and positioned to become an industry leader! Nestled in the center of Waynesville, this property is 5 minutes from downtown historic Waynesville and the extensively renovated, Waynesville Inn Golf Resort&Spa, A Bobby Weed designed 18 hole championship course, part of the Tapestry Collection by Hilton. Located in an area known for pristine water and a destination for outdoor enthusiasts with 18 mountain peaks over 6000 feet! Cherokee/Harrah Casino, Cataloochee Ski Resort, the Blue Ridge Parkway, golfing, Mountain biking, hiking and world-class fly fishing are all nearby. Properties in area are rapidly being purchased and developed in this fast growing area of Haywood County. Act now to secure this ideal property for your future plans! This is one of three locations currently for sale in Haywood County. The other two are 339 Park St., Canton, and 4352 Soco Rd. Maggie Valley
Full Property Details
Full Property Details for 1940 S Main St
General
- Price: $1,990,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4117158
- Updated: 10/24/2025
- Added to Site: 681 day(s) ago
Interior
- Appliances: Bar Fridge, Convection Microwave, Convection Oven, Dishwasher, Disposal, Exhaust Hood, Filtration System, Microwave, Refrigerator, Warming Drawer, Wine Refrigerator
- Flooring: Concrete, Laminate
Additional Information
- Equipment: Other - See Remarks
Parking
- Garage: Yes
- Parking Features: Garage Faces Rear, Garage Faces Side
Location
- County: Haywood
- Driving Directions: 1940 S. Main: From 23/74 take Exit 98 travel to 2nd red light, take left on South Main St, to property on the left
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless
- Heating Type: Ductless, Electric, Radiant
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Cable Connected, Natural Gas
Structural Information
- # Buildings: 2
- Construction: Site Built
- Exterior Const.: Block, Brick Partial
- Basement: Yes
- Basement Desc.: Basement Garage Door, Daylight, Exterior Entry, Walk-Out Access, Walk-Up Access
- Drive-In Doors: 3
- Minimum Avail: 19,840 Sq. Ft.
- Year Built: 1951
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Lot Features: Corner Lot, Creek Front, Flood Plain/Bottom Land, Level, Open Lot, Paved, Creek/Stream, Other - See Remarks
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 8604-79-4159
- Lot Number: 1033/755
Listed by Howard Hanna Beverly-Hanks Waynesville
Get Pre-Approved Today
Schools
Schools serving 1940 S Main St
School District:Haywood County Schools
| Name | Grades | Distance |
|---|---|---|
Hazelwood Elementary 1111 Plott Creek Road, Waynesville, NC 28786 | PK-5 | 0.8 mi |
Waynesville Middle 495 Brown Avenue, Waynesville, NC 28786 | 6-8 | 1.3 mi |
Tuscola High 564 Tuscola School Road, Waynesville, NC 28786 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 S Main St
Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$1,990,000
-13.48%
MLS
9/16/2025
Price Reduced
$2,300,000
-8%
MLS
8/11/2025
Price Increased
$2,500,000
8.7%
MLS
6/30/2025
Price Reduced
$2,300,000
-8%
MLS
4/17/2025
Price Reduced
$2,500,000
-10.55%
MLS
1/27/2025
Price Reduced
$2,795,000
-30.04%
MLS
9/23/2024
Price Reduced
$3,995,000
-2.44%
MLS
8/22/2024
Price Reduced
$4,095,000
-4.77%
MLS
6/18/2024
Price Reduced
$4,300,000
-4.44%
MLS
3/08/2024
Listed
$4,500,000
4290.24%
MLS
5/28/2021
Sold
$102,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1940 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,019,900
-13%
2023
100%
$1,166,000
91%
2022
-100%
$609,200
—
2022
$3,259
1%
$609,200
1%
2021
$3,222
92%
$602,300
110%
2020
$1,674
—
$286,200
—
2019
$1,674
—
$286,200
—
2017
$1,674
-16%
$286,200
-18%
2016
$1,986
—
$350,900
—
2015
$1,986
5%
$350,900
—
2014
$1,899
—
$350,900
—
2013
$1,899
—
$350,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1940 S Main St
1940 S Main Street, Waynesville, NC 28786 (MLS# 4117158) is a Commercial property. 1940 S Main Street is currently listed for $1,990,000 and was received on March 08, 2024. Want to learn more about 1940 S Main Street? Do you have questions about finding other Commercial real estate for sale in Waynesville? You can browse all Waynesville real estate or contact a Coldwell Banker agent to request more information.

