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Flex Space with Roll-Up Door
For Lease
$6,000/Mo

201-203 Franklin Street, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Space SizeContact for details
Lot Size0.09 Acres
Days on Market316

Property Features for 201-203 Franklin Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description DT - Downtown
Parking features Off Street
Subdivision DOWNTOWN
Lot features Less Than Quarter Acre, Cleared
Directions From Cross Creek Mall-Turn left onto Morganton Rd. Continue towards downtown. Continue straight onto Hay St. Property wil be on the left side of the rd.
Standard status Active
APN 0437-53-7884
Size 5,751 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description BLDG DONALDSON & 201-203 FRANKLIN ST
Legal Description BLDG DONALDSON & 201-203 FRANKLIN ST

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1910
Building materials BrickVeneer
Listing Agency: GRANT-MURRAY HOMES
Listed By: RAYMOND SHARP · License #258881
Added: Oct 10, 2025 Changed: Aug 19 Last Checked: Aug 21 at 7:06AM
MLS# 751603

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 flex-style commercial building offers 5,751 square feet of adaptable space with two prominent street-level entrances and a rear roll-up door for loading and unloading. The main level layout is designed to support a variety of operating models, including single-user use or potential multi-tenant configuration. In addition to the main floor, the property includes two spacious second-floor lofts that can serve as private offices, storage areas, or staff meeting and break space.

Located at 201-203 Franklin Street in Fayetteville, the property sits directly across from a parking deck, supporting convenient customer and employee access. The building’s street-level entrances provide direct visibility and straightforward customer access, while the rear roll-up door supports day-to-day operational needs.

For tenants or owners seeking a downtown workspace that can accommodate more than one type of concept, this property’s physical layout and flexible zoning for versatile commercial use may fit a range of requirements, including retail, office, creative studios, or light industrial. The combination of frontage access, loading capability, and dedicated loft space creates practical room to tailor the interior to an operating plan.

Key Highlights

  • Over 5,000 sq. ft. of flexible commercial space for lease or sale
  • Two street‑level entrances plus a rear roll‑up door for loading/unloading
  • Includes two spacious second‑floor lofts for offices, storage, or meeting/break areas

Property Analytics

Current Use

Flex space

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

1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,874
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Fayetteville, NC

$10.61 /SF/Yr
Avg Asking Price
$5.75–$16 /SF/Yr
Price Range
17,410 SF
Avg Space Size

This space is priced 18% above the average of $10.61 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flexible multi-entrance building with rear roll-up loading and two lofts, suited for retail, office, creative, or light industrial uses.
Where is this flex space located?
The property is located at 201-203 Franklin Street Fayetteville, NC.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: Over 5,000 sq. ft. of flexible commercial space for lease or sale; Two street‑level entrances plus a rear roll‑up door for loading/unloading; Includes two spacious second‑floor lofts for offices, storage, or meeting/break areas
More about this property
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