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Historic Mixed-Use Building
For Sale
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132 Hay St, Fayetteville, NC 28301

Ground-floor space is suited to restaurant or retail use, with office/flex space on the upper level.

Property SizeContact for details
Days on Market145

Property Features for 132 Hay St

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Gala Real Estate Advisors | Gala CRE Group
Listed By: Gaurang Gala · License #NC 283149
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gala Real Estate Advisors | Gala CRE Group

Investment Insights

Based on property information with market context.

Known as the Pittman Building, this historic mixed-use property at 132 Hay St combines ground-floor commercial space with office/flex space upstairs. The current leasing concept calls for restaurant or retail occupancy on the first floor and office or flex use above, creating a vertically integrated commercial layout.

The property is located in Historic Downtown Fayetteville, an area that includes the Airborne Museum, BOO Hay Condos, PwC office buildings, and retail shops along Hay Street. The city has also announced a public-private partnership with the Houston Astros for a minor league team and stadium in downtown Fayetteville.

Key Highlights

  • Historic mixed‑use property at 132 Hay St in downtown Fayetteville
  • Ground‑floor configuration identified for restaurant or retail use
  • Upper level planned for office/flex space

Property Analytics

Current Use

Retail space

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.

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

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 - Ground-floor space is suited to restaurant or retail use, with office/flex space on the upper level.
Where is this mixed-use property located?
The property is located at 132 Hay St Fayetteville, NC.
What are key features of this property?
This property features: Historic mixed‑use property at 132 Hay St in downtown Fayetteville; Ground‑floor configuration identified for restaurant or retail use; Upper level planned for office/flex space
More about this property
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