single/multi-tenant opportunity in downtown waynesville
TRANSCRIPT
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
FOR SALE: MLS# 3284272 Loopnet: 7268136FOR LEASE: MLS# 3357289 Loopnet: 11491729
Single/Multi-Tenant Opportunity in Downtown Waynesville:1948 Building at Edge of Frog Level Suited for Almost Any Use
Room for Whole Business or Multiple Ventures
FOR SALE: $890,000 ($49.04 / SF)18,149 SF on 0.39 Ac.
FOR LEASE: NNN UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
• Located at edge of Frog Level Historic District, and 3 blocks from Main Street
• Two loading docks, 14’ ceilings• Building fully sprinkled, suitable for any user• Divided into two spaces (9,871+ SF, and 7,297 SF) with
unique features, including 110’ clear-span warehouse
• Town of Waynesville public parking lots next door• Potential to adapt structure to multiple businesses, and
reopen-up store fronts• Only 30.6 miles to Asheville
James Harrison828.279.0090 [email protected]
Depot Street Side of the building
FOR SALE OR LEASE: WAYNESVILLE 18,000+ SF Office/Warehouse/Flex
188 Depot Street, Waynesville, NC 28786(828) 665-9085 WhitneyCRE.com
O-IOFFICE -
INDUSTRIAL
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
188 Depot Street was originally a grocery.
Built in 1948, this 18,000+ SF building in downtown Waynesville has served a myriad of purposes, most recently being home to a church and print shop. The property sits on 0.39 acres at the corner of Depot and Boundary Streets, at the edge of Frog Level Historic District and within 3 blocks of Main Street’s shops and restaurants.
Currently divided into two approximate units of 10,500 SF and 7,297 SF, one unit includes 110’ of clear-span warehouse with 14’ ceilings and two loading docks. The building is fully sprinkled and has three-phase power.
Opportunity abounds for redevelopment, with the potential to open the building for a sole-user, create storefronts or drive-in doors, or add a third loading dock. The property lies adjacent to ample public parking lots owned by the Town of Waynesville.
OVERVIEW
HEATED SF, Left Side: 10,500 SF HEATED SF, Right Side: 7,297 SF TOTAL HEATED SF: 17,797 SF
UNHEATED SF, Left Side: 352 SF TOTAL SQUARE FEET: 18,149 SF
TOTAL ACREAGE: 0.39 AC TAXES (2016): $3,034.86 BUILDINGS: 1 LOTS: 1 FLOORS: 2 (MAIN + MEZZANINE) YEAR BUILT: 1948 CONSTRUCTION: BRICK, MASONRY APPROX ROOF AGE: 2003 ROOF: MEMBRANE EXTERIOR: BRICK, CONCRETE, CONCRETE BLOCK, VINYL FLOORING: CONCRETE STRUCTURAL/ CERAMIC TILE/CARPET CEILING HEIGHT: 8’ - 14’ DOOR HEIGHT: 8’ LOADING DOCK DOORS: 2 RESTROOMS: 4 (2 each side)
PARKING: 7 SPACES OFF-STREET 34 ADJACENT PUBLIC SPACES STREET PARKING LOT DIMENSIONS: 168’ X 100’ X 168’ X 100’ ROAD FRONT: 268’ POaWER: 220 VOLT, 3-PHASE
WATER: ON-SITE SEWER: ON-SITE GAS: ON-SITE ELECTRIC: ON-SITE
HEATING: FORCED AIR GAS, HEAT PUMP COOLING: CENTRAL A/C ADDITIONAL: FIXTURES/FURNITURE
MUNICIPALITY: WAYNESVILLE COUNTY: HAYWOOD ZONING: CBD TYPE: INDUSTRIAL DEED / PAGE: 651 / 320 PIN #: 8615-28-8424
SUMMARY
Distances Clyde: 7 miles Canton: 11 miles Sylva: 18 miles Asheville: 30.6 miles Cherokee: 33 miles Asheville Regional Airport: 36 miles Hendersonville: 46 miles
INFRASTRUCTURE, TRANSPORTATION
& ACCESS
PRIMARY BEST USE: INDUSTRIAL SECONDARY BEST USE: OFFICE, RESTAURANT PERMITTED USE: CBD
WAYNESVILLE, NC (Haywood Co.):1 MILE RADIUS: 2016 Population: 4,173 Average Household Income: $49,015 Owner Occupied Housing Units: 1,009 Population 35 - 64: 12.8% Population 20 - 34: 9.1% Population 65+: 8.2%
3 MILE RADIUS: 2016 Population: 15,413 Average Household Income: $58,958 Owner Occupied Housing Units: 4,387 Population 35 - 64: 13.1% Population 20 - 34: 8.05% Population 65+: 8.7%
5 MILE RADIUS: 2016 Population: 28,333 Average Household Income: $59,968 Owner Occupied Housing Units: 8,533 Population 35 - 64: 13.4% Population 20 - 34: 7.85% Population 65+: 8.43%
WAYNESVILLE AREA DATA2015 GREATER ASHEVILLE MSA - Buncombe, Haywood, Henderson & Madison Counties): Population: 443,890 Projected 2020 Population: 468,146
Households: 179,606 Average Household Size: 2.28 Median Home Value: $207,170
Average Family Income: $73,638 Median Age: 44.2
Private Industries: 12,881 Service Providing Industries: 10,793 Federal, State & Local Industries: 12,235
SEE MORE REGIONAL DATA ON PAGE 11.
NEIGHBORING BUSINESSES & SERVICES*TOWNS & COMMUNITIES:
WaynesvilleHazelwood
ClydeLake JunaluskaCataloocheeMaggie Valley
SHOPPING:WalmartKmart
Toys’R’UsPetco
Best BuyRug & Home
BelkLowe’s
PetsmartRiteAidStaples
Michael’sFamily Dollar
Goodwill Retail CenterMast General Store
OFFICE PARKS:Stonegate Office Park (16,588 SF)
GROCERY:InglesBiLo
Food LionEagle’s Nest Grocery
Sunburst Market
RESTAURANTS/FOOD: Bocelli’s Italian Eatery
Sweet OnionAngelo’s Family Pizza
Little House of SweetsCornerstone Cafe
Frog Level BrewingChef’s Table
Frog’s Leap Public HouseBlossom on Main
Tipping Point TavernWaterin’ Hole Bar & Grill
Short Stop Food MartZaxby’s
Maggie Valley SeafoodHuddle HouseLa Mexicanita
Haywood SmokehouseClyde’s
BojanglesTaco Bell
Papa John’sHardee’sWendy’s
Burger KingKFC
McDonald’sSubway
PROFESSIONAL SERVICES:Mission Health Systems
Haywood Regional Medical CenterSmoky Mountain Center
BayadaAutumn Care
Brain Center Health/RehabilitationH&R Block
Overbay InsuranceNationwide InsuranceStanberry InsuranceWells Funeral Home
Ganett Funeral HomeAnimal Hospital of Waynesville
Balsam Animal HospitalJunaluska Animal Hospital
HOTEL/MOTEL: Waynesville Inn Resort and Spa
Oak Hill B&BParkway Inn
Best Western
Grandview LodgeEconoLodgeOak Park Inn
Days InnMaggie Valley Inn & Conference
CenterCountry Inn & Suites
Andon-Reid B&B
ADD’L SERVICES/BUSINESSES:Sunburst Trout Farms
Cataloochee Ski ResortLake Junaluska
Twigs & Leaves GalleryBlue Owl Gallery
Gallery 86/Haywood Arts CouncilMountaineer PublishingHigh Country Furniture
Haywood Builders SupplyGiles Chemical
Southern ConcreteThe Print Haus
Four Seasons FloristJohn’s Barber ShopBlue Ridge Books
Fantasy Hair FashionsDelray’s Consignment
Elite SalonVerizon
Charter CommunicationsBy-Pass Power Equipment
Elements SalonPearson Roofing
Evergreen PackagingGreat Smoky Mountain Self Storage
Premier Seed and Supply
GAS & AUTOMOTIVE:BP
ExxonMountain Energy
MobilHaywood Oil
Shelton Oil and TransportMain Street Automotive
Barrett MotorsGreg’s Auto Shop
Auto ZoneAutobell Carwash
M&D CollisionMr. Tire Auto Service
Wilke’s Garage and TowO’Reilly Auto Parts
SCHOOLS:Haywood County Schools
Hazelwood Elementary SchoolJunaluska Elementary School
Tuscola High SchoolRegional High Technology Center
Haywood Community College
FINANCIAL:Mountain Credit Union
Wells Fargo BankFirst Citizens
TD BankBB & T
Champion Credit UnionEngtegra Bank
Carolina Farm CreditNC Farm Bureau
PUBLIC SERVICES:US Post Office
Haywood County TourismHaywood County Governmental
OfficesWaynesville Recreation Center
(Forest Service?)
*Partial List
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
To US 74 and To Asheville
Russ Avenue
Del
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ad
N. Main St
i
Historic Main Street/Downtown
Aerial view of the Waynesville area - 188 Depot Street is 3 blocks below historic Main Street.
EXIT 102
Grea
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To Sylva, Franklini
Aeria
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Bou
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nd m
easu
rem
ents
Boundary St.
Depot St.
*Map illustrations, floorplans, and measurements are approximated.
188 Depot St.
100’
To Main St. i
188 Depot St.
i Depot St.
Boundary St
Frog Level
0.39 Acres
100’168’
168’
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.) *M
ap il
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ons,
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ated
.
188 DEPOT ST (UNIT 1) 188 DEPOT ST (UNIT 2)
*Map
illu
stra
tion
s, f
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nd m
easu
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ents
are
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Boundary St
Left sideRight side
MezzanineDepot Street
Boundary Street
Dep
ot S
tree
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* Mezzanine
Dep
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9,871 SF+ 629 SF
= 10,500 SF
629 SF
LEFT SIDE:Main Level: 9,871 SFMezzanine: 679 SFTOTAL SF: 10,500 SF
RIGHT SIDE:TOTAL SF: 7,297 SF
LEFT SIDE: TOTAL SF: 10,500 SF
RIGHT SIDE: TOTAL SF: 7,297 SF
TOTAL HEATED SF: 17,797 SF
UNHEATED SF: 352 SF
TOTAL ALL SF: 18,149 SF
7,297 SF
Covered 177 SF Covered 151 SF
35.6’
Open Deck24 SF
50.7’
42.1’
63.8’31.4’
12.1
’
84.6
’
11.8’
37.5
’
23.3
’24
.8’
10.8
’
46.2
’
96.2’
50.7’
63.2
’
102.
5’
6.9’ 3.4’
24.2’
26’17.8’
11.8’
24’
110.5’
35.6’7.5’
15.8’x
29.9’
RR RR14.3’ x 7’ 11.1’ x 7’ 24.7’ x 7’
5’ x 7’
Up
13.7’ x
12.3’
13.7’ x
13.3’
21.8’x
24’
23.2’x
11’
23.2’x
13.4’
Kitchen
23’x
11’
23’x
13.5’
*
74.4’63
.2’
13.5’
Mech
18’x
17’
18’x
20.1’
18’x
15.7’
5.7’ x 7’
9.2’x
10.6’
12.4’x
27.5’
10’x
10.1’
14.9’x
16’
Mech11’ x 6.8’
Sink
RR
RR
8.9’10.7’
14’11’
7.7’
7.2’
8.4’X
11.3’
(To Mezzanine)
LEASE UNIT 1 FOR $4.34/SF ($3,800 / mo.) LEASE UNIT 2 FOR
$6.25/SF ($3,800 / mo.)
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
188 Depot Street - potential storefront, and views from along Depot St. (Unit 1)
Additional loading dock (Unit 1) Possible third loading dock and deck (Unit 2) Storefront windows and entrance (Unit 1) Kitchen break room with potential storefront (Unit 1)
Gathering room or warehouse (Unit 1)Warehouse storage area (Unit 1)
110’ clear span warehouse (Unit 1) 110’ clear span warehouse (Unit 1)
Unit 1 Unit 1 Unit 2
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.comThe Asheville Region’s Only Full-Service Commercial Real Estate Firm
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
Sources: U.S. Census Bureau, ESRI, ProximityOne, Apartment List, Department of Numbers, City Data, CoStar
BUNCOMBE
HENDERSON
HAYWOOD
MADISON
Weaverville
Hendersonville
Waynesville
Marshall
ASHEVILLE REGIONALAIRPORT
Black Mountain
Brevard
Mills River
Flat Rock
The Greater Asheville MSA* and Region
Asheville
Atlanta
Charlotte
Knoxville
Asheville
Buncombe County: 251,000 Haywood County: 60,000 Henderson County: 112,000 Madison County: 21,000 TOTAL MSA Population: 444,000
Asheville pop. within 3-miles: 52,400
Asheville pop. within 5-miles: 98,400
Asheville pop. within 10-miles: 204,500
Greenville
ColumbiaAthens
HendersonvilleWaynesville
Population, Housing and Wages
Population Summary 2015 Total Population: 443,890 Projected 2019 Population: 468,146
Household Summary 2015 Households: 179,606 2015 Average Household Size: 2.28
Housing Unit Summary 2015 Housing Units: 210,445 Owner Occupied Housing Units: 57.3%
Average Family Income 2015: $73,638
Average Weekly Wages 2016, Q3: $862
Median Home Value (2013) 2015: $209,800
Per Capita Income 2015: $44,077
Median Age 2015: 44.2
2015 Employed Pop. 16+ 215, 201
2016 Unemployment Rate 4.6%
Industrial Sector Information*
Industry Establishments& Employment
Sector Establishments EmploymentGOV’T INDUSTRIES 13,235 299,543 Federal 81 5,469 State 70 8,868 Local 203 26,878PRIVATE INDUSTRIES 12,881 258,329 Goods-producing 2,088 47,946 Nat’l resources/mining 110 2,255 Construction 1,405 12,780 Manufacturing 573 32,911SERVICE-PROVIDING 10,793 210,383 Trade, transportation & utilities 2,664 56,978 Information 215 3,008 Financial activities 1,318 9,570 Professional and Business services 2,529 30,114 Education and Health services 1,491 56,991 Leisure & Hospitality 1,401 44,405 Other services 1,175 9,316
The Asheville Metropolitan Statistical Area is comprised of four counties at the intersection of I-40 and I-26 in Western North Carolina
* 2010 Total Households: 214,000
Asheville housing, Owner: 67.6%
Asheville housing, Renter: 32.4%
INDUSTRIAL LEASING Q1 2017Vacancy Rate Asheville: 2.9% National: 5.3%Rental Rates (NET) Asheville: $5.63 National: $6.14Net Absorption (SF) Asheville: 48,126 National: 57,854,121Vacant Sublease Space (SF) Asheville: 0 National: 41,421,640New Buildings Delivered Asheville: 2 National: 517New SF Delivered Asheville: 75,000 National: 63,349,697SF Under Construction Asheville: 40,500 National: 268,096,457
INDUSTRIAL SALES Q1 2017Transactions: 8Sales Volume: $7,241,900Square Feet: 75,653Average Square Feet: 12,653Median Price/Square Foot: $59.25
*This data aggregated under specific parameters in CoStar. Contact a Whitney Commercial broker for more in-depth conversations specific to your commercial real estate needs.
Classroom or Office (Unit 2) Kitchen/Breakroom (Unit 2)
Classroom or Office (Unit 2) Classroom or Office (Unit 2)
Entrance and bathrooms Hallway to warehouse
Mezzanine office (Unit 2) Mezzanine storage (Unit 2)
James Harrison828.279.0090 [email protected]
FOR SALE: $1,100,000 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)
UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)
FROM EXPRESSWAY: Follow I-40 West, take Exit 102 for US-276/South Russ Avenue in Waynesville. Con-tinue on US-276/South Russ Avenue for 0.5 miles. Turn right on Dellwood Road. After 0.5 miles, Dellwood Road turns slightly left and becomes Depot Street. Property is on left at intersection of Depot and Boundary Streets (one street before signalized intersection of Depot Street and Branner Ave.)
188 DEPOT ST.DIRECTIONS
DowntownWaynesville N
. Mai
n St
188 Depot St.
To Asheville i
EXIT 102
Great Smoky Mtn Expy
i i
188 Depot St.
DEPOT ST
BOUNDARY ST
Russ Ave
Depot St.
Boundary St
Del
lwoo
d Ro
ad
Frog Level
Nearby Frog Level signageStorage room Classroom or Office
Whitney Commercial Real Estate Services 828.665.9085 WhitneyCRE.com Commercial Brokerage | Property Management | General ContractingBrokerage and Property Management Licensed as Whitney Commercial Real Estate, LLC. General Contracting Licensed as Whitney Construction & Development, Inc.
Information contained herein is believed to be accurate but is not warranted as to accuracy and may change or be updated without notice. Seller or Landlord makes no representation as to the environmental condition of the property and recommends Purchaser’s or Tenant’s personal investigation.
2/5/2018
*All maps, aerials, illustrations, and measurements are approximated.
James Harrison828.279.0090 [email protected]
FOR SALE: $890,000 ($49.04 / SF) 18,149 SF on 0.39 Ac.
FOR LEASE: UNIT 1: 10,500 SF $4.34/SF ($3,800 / mo.)UNIT 2: 7,297 SF $6.25/SF ($3,800 / mo.)