208 Hay St Fayetteville, NC 28301
For Lease
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This exceptional two-story office building, located at 208 Hay Street in the heart of downtown Fayetteville, NC, presents a unique investment opportunity. The property encompasses over 16,500 square feet of beautifully remodeled interior space, boasting a modern design and functional layout. A complete renovation in 2018 included a new roof, creating a building that is both aesthetically pleasing and structurally sound. The soaring 20-foot ceilings contribute to a spacious and open feel, while the adaptable floor plan allows for diverse uses, from traditional offices to co-working spaces or creative studios. The building's design also facilitates easy subdivision, making it ideal for multi-tenant occupancy. Each office or suite is equipped with secure access codes, enhancing privacy and security for tenants. The property sits on a 0.19-acre lot and was appraised at $2.4 million in 2021. Impeccably maintained and ready for immediate occupancy, this property offers an unparalleled opportunity for businesses seeking a dynamic and contemporary workspace in a vibrant downtown location. The building's thoughtful design and prime location make it an exceptional investment prospect. This move-in ready space is perfect for businesses seeking a high-quality, adaptable environment in a thriving urban setting.
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Century 21 Liberty Real Estate Agency
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Patriot Property Management ,LLC Property Management Company
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KimRussellRealtor Real Estate Agency
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Joshua Barnett Realtor Real Estate Agency
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ACLC LLC Training Center Tutoring Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DT · Fayetteville, NCFayetteville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.