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Two-Story Downtown Office Building
For Sale
$925,000

127 Hay Street Unit 127, Fayetteville, NC 28301

Office property with dual street entrances, dedicated parking, and updated electrical and plumbing systems.

Property Size12,000 SF
Price / SF$77.08
Days on Market1789

Property Features for 127 Hay Street Unit 127

General Information

Standard status Active
Size 12,000 SF
Total Parking Spaces 9
Property subtype Office

Additional Details

Road Access Yes

Amenities

3
DT - Downtown
9 Parking Spaces.

Building Details

Buildings 1
Stories 2
Building Size 12,000 SF
Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Listed By: FRANKLIN JOHNSON · License #146789
Source: Xome
Added: Oct 9, 2021 Changed: Aug 30 Last Checked: Aug 31 at 3:09PM

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 FRANKLIN JOHNSON COMMERCIAL REAL ESTATE

Investment Insights

Based on property information with market context.

This approximately 12,000-square-foot, two-story office building occupies a downtown Fayetteville location and is arranged with numerous individual offices. Separate entries from Hay Street and Franklin Street provide access from two sides of the property, while a 9-car parking lot serves the building. The electrical and plumbing systems were updated in 2015.

The property is positioned within historic downtown Fayetteville, with restaurants, Segra Stadium, shopping, museums, and breweries described as walkable from the site. Its current office configuration can be renovated into a more open layout, and the source information also identifies office or retail use potential.

Key Highlights

  • Approximately 12,000 square feet across two stories
  • Dual entrances from Hay Street and Franklin Street
  • 9‑car parking lot

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

1,974
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?
Office building - Office property with dual street entrances, dedicated parking, and updated electrical and plumbing systems.
Where is this office building located?
The property is located at 127 Hay Street Unit 127 Fayetteville, NC.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Approximately 12,000 square feet across two stories; Dual entrances from Hay Street and Franklin Street; 9‑car parking lot
More about this property
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