34 Maple Street, Waynesville, NC 28786

Property Description

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 Status:

Active

Data Last Updated:

June 25, 2026 at 3:18PM

Listing Office:

Keller Williams Great Smokies : 828-926-5155

MLS ID:

4390794

Interior

• Appliances: Other
• Flooring: CarpetLaminateTileVinyl
• A/C: Heat Pump
• Heating: ElectricHeat Pump

Exterior

• Other Structures: Awning(s)
• Parking: Parking LotParking Space(s)Parking spaces: 25

Construction

• Roofing: Architectural Shingle
• Windows: Display Window(s)Insulated Window(s)
• General: Site BuiltSlab

Location

• Road/Access: City StreetState Road
• Originating MLS: carolina
• County: Haywood

Lot

• Zoning: WS-NR8615-59-4427
• Restrictions: Waynesville Zoning Restrictions

Utilities

• Utilities: Cable AvailableNatural Gas
• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina