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    1240 Fort Bragg Rd Fayetteville, NC 28305

    Sponsored
    For Sale
    $2,200,000

    Historic Restaurant, High Traffic Area

    Property size:
    6,449 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Fayetteville, NC restaurant presents a unique investment opportunity. Located at 1240 Fort Bragg Rd, this 6,449 square foot building boasts a rich history, having been constructed in 1908 and extensively renovated in 2020. The property sits on a sizable 18,335 square foot lot and is zoned NC, offering versatility for future uses. Currently operating as a successful taproom and restaurant, the business benefits from a prime location in a high-traffic area, ensuring strong visibility and consistent customer flow. The charming, yet modern interior creates a welcoming atmosphere. The fully operational business includes 40 taps featuring premium North Carolina craft beer, wines, ciders, and sours, complemented by a well-received pub menu. This turnkey operation offers immediate revenue potential and significant long-term growth prospects in a thriving commercial district. The asking price is $2,200,000. This is a rare chance to acquire a well-established business in a desirable location. The property's combination of historical charm and modern functionality makes it an attractive investment for discerning buyers.

    Property Features for 1240 Fort Bragg Rd

    General Information

    Property type
    Restaurants
    Square Feet
    6,449 SF

    Building Details

    Year Built/Renovated
    1908/2020

    HighLights

    • Restaurant and Taproom Business for Sale
    • 6,449 SF Building on 18,335 SF Lot
    • Renovated in 2020
    • NC Zoning allows for versatile use
    • Prime Fayetteville location with high visibility and strong traffic
    • Charming, modern interior with 40 taps; fully operational business
    Property Profile Location Intelligence

    Current Use by Public Records

    District House of Taps Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9004672
    Latitude
    35.0576599

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    FAQs

    What type of property is this?
    Restaurant - Historic Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 1240 Fort Bragg Rd Fayetteville, NC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Restaurant and Taproom Business for Sale; 6,449 SF Building on 18,335 SF Lot; Renovated in 2020
    Request Owner's contact information
    1240 Fort Bragg Rd Fayetteville, NC 28305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 Fort Bragg Rd Fayetteville, NC 28305
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