Fully renovated in 2012, 116 South Wayne was the first free-standing headquarters of the South River Development Corporation.  In 2022, the SRDC corporate offices moved to the Mountain View property (internal website link) and the City of Waynesboro leased the street-level office space.

Located above the office space, 116-A South Wayne Avenue is a 2-bed, 1-bath walk-up apartment in the heart of downtown Waynesboro.  Rent includes water, sewer, trash, and gas service while the tenant is responsible for electricity.  There is no designated or reserved parking for this unit.