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

127 Hay Street, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Property Size12,000 SF
Lot Size0.18 Acres
Days on Market1805

Property Features for 127 Hay Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description DT - Downtown
Parking 9
Parking features On Street, Parking Lot
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: Sep 12 Last Checked: Sep 26 at 1:06AM
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.

This approximately 12,000-square-foot, two-story office building occupies a brick veneer structure in downtown Fayetteville. The interior is configured with numerous offices and may be renovated into a more open arrangement. Electrical and plumbing systems were updated in 2015. Entrances from both Hay Street and Franklin Street provide access to the building, while a 9-car parking lot and on-street parking serve the property.

The site is within walking distance of restaurants, Segra Stadium, shopping, museums, and breweries. Public water and public sewer serve the property. The 0.18-acre parcel provides a compact downtown setting for office or retail use.

Key Highlights

  • Approximately 12,000 square feet across two stories
  • Entrances on both Hay Street and Franklin Street
  • 9‑car parking lot plus on‑street parking

Property Analytics

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Current Use

Office buildings

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

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
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?
Office building - Brick veneer building with dual street entrances, on-site parking, and flexibility for office or retail occupancy.
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 square feet across two stories; Entrances on both Hay Street and Franklin Street; 9‑car parking lot plus on‑street parking
More about this property
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