Property summary
This exceptional three-story retail building, located on Fayetteville's vibrant square at 100 Elk Ave S, offers 4,590 square feet of versatile commercial space on a 0.06-acre lot. The main level currently houses a retail store with a mezzanine for product display, boasting large windows providing excellent visibility onto the square. The upper level, featuring 19-20 foot ceilings and all new windows, is currently open with several rooms and offers significant potential for conversion into additional retail space or even a separate residential unit, given its separate entrance. The high ceilings and open layout provide ample opportunity for creative design and flexible use. The basement, accessible from the main level, provides substantial storage space, ideal for inventory or business supplies. Priced at $475,000, this property presents a unique opportunity for a variety of businesses seeking a prominent location in a thriving downtown area. The building's prime corner location and impressive size make it an ideal investment for entrepreneurs looking to establish a strong presence in Fayetteville's bustling commercial center. The combination of existing retail space, ample storage, and the potential for expansion or conversion makes this a truly remarkable opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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