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Three-Story Former Event Space
For Sale
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1707 Owen Dr, Fayetteville, NC 28304

Three-story former event space offers extensive parking and direct access near a signalized intersection on Boone Trail Ext.

Property Size68,688 SF
Days on Market124

Property Features for 1707 Owen Dr

General Information

Standard status Active
Size 68,688 SF
Property subtype Office, Special Purpose

Building Details

Stories 3
Listing Agency: Divaris Real Estate Inc Charlotte
Listed By: Charles Neil · License #NC 190580
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:09AM

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 Divaris Real Estate Inc Charlotte

Investment Insights

Based on property information with market context.

This three-story, 68,688 SF former event space is offered for sale in the center of Fayetteville, North Carolina. The property is described as a former event use and includes an attached hotel that is intended to be transformed into multi-family units and subdivided from the subject property.

The asset is located less than a mile from Cape Fear Valley Medical Center. Public remarks also note an abundance of parking and full movement on Boone Trail Ext., with access supported by a signalized intersection.

Overall, the building’s existing three-story event-space configuration and on-site parking provide a structured platform for redevelopment as described in the remarks, including the potential multi-family conversion of the attached hotel portion.

Key Highlights

  • Three‑story former event space totaling 68,688 SF
  • Located in the center of Fayetteville, NC, less than a mile from Cape Fear Valley Medical Center
  • Boone Trail Ext frontage with full movement access at a signalized intersection

Property Analytics

Current Use

Uptown's Chicken and Waffles Restaurant Fayetteville Comic Con Business Service Center Cafe'bordeaux Cafe & Coffee Shop GoodHomes Bordeaux Apartment Building Holiday Inn Fayetteville-Bordeaux Hotel & Motel

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Storage Facility Kitchen & Bath Showroom

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

2,184
Businesses Nearby

Demographics for 28304, NC

37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story former event space offers extensive parking and direct access near a signalized intersection on Boone Trail Ext.
Where is this apartment building located?
The property is located at 1707 Owen Dr Fayetteville, NC.
What are key features of this property?
This property features: Three‑story former event space totaling 68,688 SF; Located in the center of Fayetteville, NC, less than a mile from Cape Fear Valley Medical Center; Boone Trail Ext frontage with full movement access at a signalized intersection
(704) 442-1988 Call to check price and availability
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