Mixed Use Redevelopment Opportunity Downtown

405 Hay St, Fayetteville, NC

$15,000/mo

Price

41,950 sqft

Building Size

1.98 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
41,950 sqft
Lot Area
1.98 acres
Class
B
Year Built
1904
Floors
4
Description

With over 19,000 square feet spanning two floors, including a mezzanine level, this beautiful space is a standout restaurant opportunity. The restaurant features a large bar, two levels of seating, covered outdoor seating, an enclosed brewing area, and an event hall space with a separate bar. The large private parking lot adds exceptional value, especially for a downtown business. Additionally, the lease includes some kitchen equipment, tables/chairs, and brewing equipment, making it an enticing prospect for aspiring restaurateurs. This unique offering is a rare find in downtown Fayetteville.


The property is located in historic downtown Fayetteville at the intersection of Hay St and Ray Ave. The new Segra baseball stadium is within a block from the property and numerous other restaurants, retail, Fayetteville City Hall, and other businesses are all within walking distance from the property. The downtown Fayetteville submarket is centrally located within the Fayetteville MSA making is easily accessible to the region and having a 10-15 minute drive from Fort Bragg. Within a three-mile radius of the property there are 39,171 residents with an average household income of $64,215.

Highlights
  • Redevelopment opportunity in historic Downtown Fayetteville
  • Close to Segra Stadium and other projects
  • Two buildings-69,235 SF
  • Three tenants on the ground floor
  • Large parking lot behind the buildings.
  • Great potential for apartments on upper floors
1 Space Available

405-411 Hay St, 405-411 Hay StRestaurant

Available:
Immediately
Sublease:
No
SQFT
19,620
Lease Rate:
$15,000/mo
Lease Type:
Gross

-Includes first and second/mezzanine floors
-Some FF&E and brewing equipment to be included

Documents
Location
Gallery