Freestanding QSR Redevelopment Opportunity
$975,040
117 Grove Street, E Fayettevlle, NC 28301
2,770 sqft
Building Size
0.74 acres
Lot Area
Details:
Highlights:
- 0.74-acre site with DT2 zoning for flexible use
- 32,776 vehicles per day along a major corridor
- Access to a full-movement traffic light for easy access
- Strong daytime population of 56,778 within three miles
- Average household income of $74,353 within three miles
- Ideal for restaurant, coffee shop, auto service, and retail
Description:
Located along a high-traffic corridor with a daily vehicle count of 32,776, this 0.74-acre site at 117 Grove Street offers a prime redevelopment opportunity near downtown Fayetteville. The existing 2,770 SF freestanding restaurant building is in poor condition and intended for demolition, making way for a modern commercial development. Zoned DT2, the property accommodates a range of potential uses, including quick-service restaurants, coffee shops, automotive service centers, and other high-demand retail concepts. Positioned for maximum accessibility, the site benefits from a nearby full-movement traffic light, ensuring seamless ingress and egress. With an asking price of $975,040, this location presents a valuable opportunity for investors and developers seeking a well-situated, high-visibility property in a growing market.
Just minutes from downtown Fayetteville, this site is positioned within a vibrant commercial district with strong consumer demand. The area boasts a total daytime population of 56,778 within three miles, ensuring a steady flow of potential customers and employees. The surrounding community has an average household income of $74,353 within three miles, reflecting solid spending power. Major roadways and public transit options provide easy connectivity, making the property well-suited for a variety of business ventures. Proximity to downtown, along with growing residential and commercial development, further enhances the site’s long-term viability for redevelopment.
Documents:
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117_Grove_St_Sale_Brochure__L_.pdf | ||
117_Grove_St_Sale_Brochure__L_.pdf |
Location

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