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$525,000
2 Baths ⋅ 4423062 MLS
Welcome to Sassafras Cottage, a charming and truly versatile waterfront property in the heart of downtown Waynesville. With the river just beyond the property and the sounds of flowing water from the deck, this unique offering combines character, convenience, and an exceptional multi-use opportunity. Walk to Waynesville’s incredible shopping, dining, cafes, coffee shops, galleries, festivals, and Main Street amenities. Offering nearly 1,750 square feet, this thoughtfully updated 2-bedroom, 2-bathroom property has a fascinating history, having served as a residence, general store, church, pottery studio, and more over the years. Today, it offers comfortable living spaces with the flexibility to suit a variety of needs. The kitchen and both bathrooms have been renovated, while a deck off the primary bedroom provides a wonderful spot to relax and enjoy the outdoors. The enclosed side deck features durable composite decking and adds another flexible space for entertaining or simply enjoying the peaceful setting. Recent improvements include a brand-new roof, new hot water heater, extensive landscaping, and an enclosed front porch that creates an inviting additional space. The property’s thoughtful updates and unique history make it much more than a typical home. Sassafras Cottage is available furnished, offering an easy opportunity for those looking for a move-in-ready residence, second home, or investment property. With its downtown location, waterfront setting, distinctive character, and commercial or residential versatility, this is a rare property with endless possibilities—and a chance to own a piece of Waynesville history.

313 Depot Street, Waynesville

$330,000
1 Baths ⋅ 4410493 MLS
Public Remarks This versatile property could be a great home, fabulous short term rental, or a place for a small business. Conveniently located to Waynesville, Maggie Valley, Cherokee and interstate I-40 this home has been beautifully updated and is ready for you to move in and enjoy. Every inch of this 2 bedroom 1 bath property has been thoughtfully remolded to offer modern day aesthetic. The heart of the home is the brand new kitchen. It features premium granite countertops, painted wood cabinets and a full suite of Samsung stainless steel appliances. Showcased in the open main living area are the gorgeous, professionally refinished, original hardwood floors that span into both bedrooms. You'll also find the fireplace with gas logs to be the perfect spot to cozy up to. Not only do the elegant french doors flood the living room with natural light, they lead you to the large covered front porch which has a wooden tongue and groove ceiling, recessed lighting and a large ceiling fan to keep the cool breeze going. The updated bathroom has durable tile floors and a stunning tile surround in the shower. It also includes a convenient built in linen closet for extra storage. All new windows throughout the home help ensure better energy efficiency for the new Goodman heat pump. Downstairs, you will find a clean full basement that offers and abundance of storage. If you're a first time buyer, looking for a high end rental, or anything in between, you'll want to check this property out.

3575 Dellwood Road, Waynesville

$2,300,000
4401847 MLS
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.

44 Church Street, Waynesville

$349,000
4389444 MLS
Prime Development Opportunity in Waynesville Exceptional opportunity to acquire nearly 6 acres of highly visible and accessible property along the Great Smoky Mountain Expressway, just minutes from downtown Waynesville. Offering breathtaking long-range mountain views in every direction, this unique property combines location, utility, and redevelopment potential in one remarkable package. The property features a large historic apple processing warehouse, an additional garage/shop building, and expansive usable acreage with gently rolling topography that lends itself to a wide variety of commercial, mixed-use, residential, or investment-oriented projects subject to zoning. The land lays exceptionally well, providing flexibility for future development while maximizing the stunning mountain vistas that surround the site. With direct exposure to one of the area’s primary transportation corridors, the property benefits from excellent visibility and convenient access, making it an ideal candidate for businesses seeking a prominent location or developers looking to capitalize on Waynesville’s continued growth. The historic warehouse structure offers substantial square footage and character, presenting an opportunity for restoration, adaptive reuse, storage, barn, event space, artisan production, or other creative redevelopment concepts. While the building requires renovation, its scale and history provide a unique foundation for a visionary project. Infrastructure advantages include an existing well, available public water connection, and natural gas access, adding significant value and development flexibility. Whether you’re seeking a commercial headquarters, residential development site, mixed-use project, mountain retreat, or investment property, this versatile tract offers endless possibilities in one of Western North Carolina’s most desirable locations. Endless possibilities, unmatched views, and a strategic location make this a truly unique Western North Carolina offering.

23 Providence Place, Waynesville

$515,000
4352176 MLS ⋅ Commercial - Hazelwood Business District BLDG.
Prime Commercial Opportunity with Exceptional Development Potential Unlock the potential of this strategically positioned 1,462 sq. ft. commercial property located along one of the primary corridors leading into the thriving Hazelwood community and West Waynesville. With outstanding visibility, steady traffic flow, and immediate access to the Great Smoky Mountains Expressway, this location places your business just minutes from everything Waynesville has to offer. Situated on two parcels totaling over half an acre, this property offers rare flexibility for future growth and expansion. The fully fenced 3,000+ sq. ft. backyard creates exceptional possibilities—ideal for additional structures, expanded parking, outdoor workspace, storage, or future development. Whether you're an owner-occupant or investor, the upside potential here is significant. The building itself is thoughtfully updated and truly move-in ready. Improvements include handicap-accessible parking and ramp access, updated electrical and plumbing systems, central heat and air (Trane system installed in 2024), energy-efficient replacement windows, new flooring, and an architectural shingle roof approximately eight years old. These upgrades provide peace of mind and reduce near-term capital expenditures. The flexible layout is perfectly suited for professional services including medical, dental, real estate, insurance, accounting, wellness, or general office use. Its combination of accessibility, functionality, and expansion capacity makes it an ideal headquarters for a growing enterprise. This is more than just a commercial space, it’s a strategic investment in location, visibility, and long-term growth. Whether you’re relocating, scaling your business, or launching something new, this property provides a strong foundation with room to expand in one of Waynesville’s most active and desirable corridors. Opportunities with this level of flexibility and positioning are increasingly rare, schedule your showing and envision the possibilities.

95 Elysinia Avenue, Waynesville

$499,000
4332918 MLS ⋅ Balsam Motel BLDG.
Prime Commercial Opportunity Near the Blue Ridge Parkway An exceptional opportunity to acquire 2.3± acres of commercially positioned property in one of Western North Carolina’s most heavily traveled and sought-after corridors. Located just minutes, and less than .4 mile, from the Blue Ridge Parkway, this property sits directly along the Great Smoky Mountain Expressway (US-23/74) with 390+ feet of four-lane road frontage, offering unmatched visibility between Waynesville and Sylva. Average daily traffic count is over 24,000, placing it squarely in the path of both local and tourist traffic year-round. The property is home to the former Balsam Motel, along with a residential house and an additional building, all of which offer substantial potential for updating, repositioning, or complete redevelopment. With its combination of acreage, highway exposure, and proximity to major destinations, the site provides a flexible canvas for a wide range of commercial or investment uses. The motel part of the property (12 units) have sustained lots of water damage due to a long term leak in the roof. The property was last operated as a motel in the early to mid 1990s. The property will take substantial work and vision, but could provide tremendous potential to the next owner. Visibility and accessibility define the value of this location. Direct access from a major highway, strong daily traffic counts, and immediate proximity to the Blue Ridge Parkway create a setting well suited for businesses or developments that benefit from consistent exposure. Surrounded by mountain views, outdoor recreation, and established regional attractions, the property sits at the crossroads of travel, tourism, and growth. Whether envisioned as a revitalized motel or boutique lodging destination, a mixed-use or commercial redevelopment, a destination restaurant or retail concept, or a long-term investment in a high-demand mountain corridor, the possibilities here are extensive. Opportunities offering this level of frontage, location, and development flexibility are becoming increasingly rare in Western North Carolina. Offered at 20826 Great Smoky Mountain Expressway in Waynesville, this property represents a compelling chance to secure a highly visible and versatile site in one of the region’s most desirable and heavily traveled areas.

20826 Great Smoky Mountain Expressway, Waynesville

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Waynesville, NC · Curated MLS Search

Homes with Commercial in Waynesville, NC

An editorially curated view of every active homes with commercial listing in Waynesville, NC. Updated in real time from the local MLS, presented without the noise.

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