407 Gillespie St Fayetteville, NC 28301
- Specialty properties
- 4,350 SF
- 0.73 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 407 Gillespie St
- Year built
- 2016
- Lot size
- 0.73 lot acres
- Property size
- 4,350 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional commercial property, located at 407 Gillespie Street in the heart of Fayetteville, North Carolina, presents a unique investment opportunity. The single-story building, constructed in 2016, boasts a total of 4,350 square feet, divided into three (3) approximately 1,450 square foot suites. Each suite is separately metered for utilities and can be leased individually or combined to accommodate a variety of business needs. The property is zoned LC - Limited Commercial, making it suitable for a range of uses, including specialty retail, professional offices, and flex space for trades. Its prime downtown location offers excellent visibility and convenient access to the courthouse. The 0.73-acre lot provides ample space, and the building's Class C designation reflects its solid construction and functionality. The base rent is $15.00 per square foot, plus tenant improvements and alterations, common area maintenance, and utilities. This translates to approximately $2,150.00 per month per suite, plus utilities. This property is an excellent choice for businesses seeking a versatile and well-located space in a thriving downtown area. The property's APN is 0437-51-8663. This is a multi-tenant building with one space currently available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8802
- Latitude
- 35.0459
