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Two-Story Office Building with Parking Lot
For Sale
$825,000
Pending

127 Hay Street, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Property Size12,000 SF
Lot Size0.18 Acres
Days on Market1769

Property Features for 127 Hay Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description DT - Downtown
Parking 9
Parking features Parking Lot, On Street
Security features Security
Subdivision DOWNTOWN
Lot features Less Than Quarter Acre
Standard status Pending
APN 0437-53-9975, 0437-64-0039
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description WHSE 136 N/S Franklin St & STORE 127 S/S Hay St
Legal Description WHSE 136 N/S Franklin St & STORE 127 S/S Hay St

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Building materials BrickVeneer
Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Listed By: FRANKLIN JOHNSON · License #146789
Added: Oct 18, 2021 Changed: Aug 20 Last Checked: Aug 21 at 12:06PM
MLS# 669753

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.

Approximately 12,000 square foot, two-story brick veneer building located in historic downtown Fayetteville. The property has entrances on both Hay Street and Franklin Street, with a nine-car parking lot plus on-street parking. Current interior layout includes a large number of offices, with flexibility to renovate toward a more open floor plan for office or retail use.

Electrical and plumbing were updated in 2015. Public water and public sewer service are available. The building is within an easy walk of restaurants, Segra Stadium, shopping, museums, and breweries.

Set on an approximately 0.18-acre lot, this downtown property offers street-level access from two directions and established urban parking to support a variety of commercial tenants.

Key Highlights

  • Approximately 12,000 SF two‑story office/retail building
  • Brick veneer construction
  • Entrances on Hay Street and Franklin Street

Property Analytics

Current Use

Office buildings

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

1,874
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story brick office building with multiple entrances and a nine-car parking lot.
Where is this office building located?
The property is located at 127 Hay Street Fayetteville, NC.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 12,000 SF two‑story office/retail building; Brick veneer construction; Entrances on Hay Street and Franklin Street
More about this property
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