$195,000
FOR SALE205 Frazier Street
Waynesville, Nc, 28786
MLS #4377674
Subdivision: none
Building: -
3 Beds
1/- Baths
952 sqft
$ 204.83 /sqft
Exceptional Development Opportunity 4 Unit Potential in the Heart of Waynesville!Positioned on one of the largest lots on Fraser Street, this prime 0.46-acre property offers a rare chance to capitalize on location, scale, and flexibility. Located in a rapidly growing corridor just off Highway Exit 102, the site is surrounded by major retail, restaurants, and daily conveniencesincluding Publix, Ingles Markets, Chick-fil-A, and Starbucksplacing future residents within minutes of everything.The property includes duplex plans tailored specifically for the lot, while current zoning allows for up to four residential units, presenting strong upside for developers and investors seeking density and long-term value. Whether you choose to move forward with the existing plans or maximize the site with a larger multi-unit build, the possibilities here are substantial.An existing structure is on site and is being sold as-is, with major preliminary work already completedincluding asbestos abatement and a demolition permit in placesaving valuable time and cost in the development process. This positions the property for a smooth transition into the next phase of construction.With its combination of strategic location, generous lot size, development-ready groundwork, and flexible build potential, this is a standout investment opportunity in the heart of Waynesville. Ideal for builders, developers, or investors looking to deliver high-demand housing in a thriving market.
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Listing Courtesy of: Big Hills Real Estate LLC
