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Flex Space With Rear Loading
For Lease
$6,000/Mo

201-203 Franklin Street, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Space SizeContact for details
Lot Size0.09 Acres
Days on Market331

Property Features for 201-203 Franklin Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description DT - Downtown
Parking features Off Street
Subdivision DOWNTOWN
Lot features Less Than Quarter Acre, Cleared
Directions From Cross Creek Mall-Turn left onto Morganton Rd. Continue towards downtown. Continue straight onto Hay St. Property wil be on the left side of the rd.
Standard status Active
APN 0437-53-7884
Size 5,751 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description BLDG DONALDSON & 201-203 FRANKLIN ST
Legal Description BLDG DONALDSON & 201-203 FRANKLIN ST

Utilities

Sewer type Public Sewer
Water source Public

Amenities

two main street-level entrances
rear roll-up door
two spacious second-floor lofts

Building Details

Year built 1910
Building materials BrickVeneer
Listing Agency: GRANT-MURRAY HOMES
Listed By: RAYMOND SHARP · License #258881
Added: Oct 10, 2025 Changed: Aug 19 Last Checked: Sep 5 at 8:06PM
MLS# 751603

Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,751-square-foot flex property occupies a 0.09-acre site and dates to 1910, with brick veneer construction and off-street parking. The building includes two street-level entrances, a rear roll-up door for loading, and two second-floor lofts that can accommodate offices, storage, meetings, or break areas. Its adaptable interior can support a single occupant or multiple tenants, with commercial applications described across retail, office, creative studio, and light industrial use.

The property is positioned in downtown Fayetteville at 201-203 Franklin Street, directly across from a parking deck and surrounded by shops, restaurants, and services. Public water and public sewer serve the site. The property is offered for lease or sale.

Key Highlights

  • 5,751 SF flex property on a 0.09‑acre site
  • Two street‑level entrances plus a rear roll‑up door
  • Two second‑floor lofts for offices, storage, meetings, or break areas

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Butcher Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,874
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28301, NC

17,670
Population
8,590
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
88%
High-School Grad
12.4 sq mi
ZIP Area
1,425
Density / Sq Mi
$36,955
Median Household Income
$28,350
Median Earnings
$926
Median Rent
$109,900
Median Home Value

Market

Lease Benchmarks for Fayetteville, NC

$11.87 /SF/Yr
Avg Asking Price
$5.75–$22.85 /SF/Yr
Price Range
12,510 SF
Avg Space Size

This space is priced 5% above the average of $11.87 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Brick commercial building combines two street-level entries with second-floor loft areas.
Where is this flex space located?
The property is located at 201-203 Franklin Street Fayetteville, NC.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 5,751 SF flex property on a 0.09‑acre site; Two street‑level entrances plus a rear roll‑up door; Two second‑floor lofts for offices, storage, meetings, or break areas
More about this property
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