

44 Church Street
About This Property
Marketing description
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.
Investment highlights
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.
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