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Two-Level Mixed-Use Property
For Sale
$199,000

113 Donaldson Street, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Property Size1,080 SF
Price / SF$184.26
Days on Market96

Property Features for 113 Donaldson Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description DT - Downtown
Subdivision DOWNTOWN
Lot features Less Than Quarter Acre
Standard status Active
APN 0437-54-9054
Size 1,080 SF

Taxes and HOA fees

Tax Description STORE 113 E/S DONALDSON ST
Legal Description STORE 113 E/S DONALDSON ST

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Building materials BrickVeneer, Frame
Listing Agency: PAPPAS REALTY
Listed By: PETER PAPPAS · License #202521
Added: Jul 8 Changed: Aug 19 Last Checked: Oct 11 at 2:06AM
MLS# 765769

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 1,080-square-foot mixed-use property provides an open arrangement across two levels. The lower level can accommodate retail or executive office functions, while the second floor includes an efficiency apartment layout. Brick veneer and frame construction give the building a combination of masonry and framed elements.

Set on a quiet downtown street in Fayetteville, the property has parking available at the Franklin Street Deck. Public water and public sewer serve the site, supporting its existing commercial and residential configuration.

Key Highlights

  • 1,080 SF mixed‑use property arranged across two levels
  • Retail or executive office configuration on the lower level
  • Efficiency apartment layout on the 2nd floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,203
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060 $264.1K
Cap Rate 7%
$188,614 $188.6K
Cap Rate 9%
$146,700 $146.7K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$22.0K $20.40/SF
− Vacancy
−$4.4K −$4.10/SF
EGI
$17.6K $16.30/SF
− OpEx
−$4.4K −$4.07/SF
NOI
$13.2K $12.22/SF
Area
Fayetteville, NC
Vacancy
20.10%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,060
Cap Rate 7%
$188,614
Cap Rate 9%
$146,700

Alternative Uses

Best Use
Office B
$188.6K
$165.0K – $220.1K (±1% cap)
NOI $13,203 @ 7.0% cap · market cap 6.63%
Second Best
Mixed Use
$183.3K
$160.4K – $213.8K (±1% cap)
NOI $12,830 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$236.7K
$207.1K – $276.1K (±1% cap)
NOI $16,568 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Bakery Carpet & Flooring Store Catering Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible configuration accommodates retail or executive office use with an efficiency apartment layout upstairs.
Where is this mixed-use property located?
The property is located at 113 Donaldson Street Fayetteville, NC.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,080 SF mixed‑use property arranged across two levels; Retail or executive office configuration on the lower level; Efficiency apartment layout on the 2nd floor
More about this property
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