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Office Duplex with Separate Entrances
New
For Sale
$189,900

429 Gillespie, Fayetteville, NC 28301

CommercialSale, Fayetteville, NC

Property Size2,063 SF
Price / SF$92.05
Days on Market4

Property Features for 429 Gillespie

General Information

Property type Commercial Sale
Property subtype Office
Zoning description OI - Office And Institutional
Lot features Less Than Quarter Acre, Cleared, Level
Directions gilliespie street
Standard status Active
APN 0437-51-7330.000
Size 2,063 SF

Taxes and HOA fees

Tax Description LO3
Legal Description LO3

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1929
Building materials BrickVeneer
Roof type Shingle
Listing Agency: INSPIRED BY DESIRE REAL ESTATE
Listed By: NAKYSHAE MCCALLOP · License #244874
Added: Oct 2 Last Checked: Oct 5 at 4:06AM
MLS# 770300

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.

Built in 1929, this 2,063-square-foot brick-veneer office property is configured as a duplex. The ground level contains a large office suite and a full bathroom; the upper floor can accommodate up to three office suites and has a second full bathroom. Each level has its own entrance and separately metered utilities.

Both floors were renovated in 2018, when a new 30-year shingle roof was installed. Public water and public sewer serve the property. The described configuration supports office use, with light retail or a combination of business and residential use noted as possibilities subject to zoning verification.

Key Highlights

  • 2,063 square feet arranged across two levels
  • First floor has a large office suite and full bathroom
  • Upper level accommodates up to three office suites and includes a full bathroom

Property Analytics

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Current Use

Anne Chesnutt Waddell High School

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Dental Office Bakery Furniture & Home Goods Restaurant

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

749
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two levels offer office suites, full bathrooms, and independently metered utilities.
Where is this office building located?
The property is located at 429 Gillespie Fayetteville, NC.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 2,063 square feet arranged across two levels; First floor has a large office suite and full bathroom; Upper level accommodates up to three office suites and includes a full bathroom
More about this property
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