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219 Hay St Fayetteville, NC 28301

OFF-MARKET Retail properties & Spaces Google Maps
8,646 SF Built 1930
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 4,000 square foot retail space, located at 219 Hay Street in Downtown Fayetteville, North Carolina, presents a unique opportunity for businesses seeking a vibrant and convenient location. Situated on the second floor above Pierro's Italian Restaurant, this Class B commercial property boasts a total building size of 8,646 square feet and offers a single, spacious suite. Recently renovated in 2022, the space features modern amenities including new hardwood floors, glass-partitioned offices, exposed brick walls, a fully updated kitchen, and accessible restrooms. Large windows offer stunning views of the Downtown Fayetteville cityscape. The property sits on a 0.1-acre lot and is zoned DT-1. Built in 1930, this building has been thoughtfully updated to provide a blend of historical charm and contemporary functionality, creating a dynamic and appealing workspace. The suite's open areas and private offices offer flexibility for various business needs. This is an ideal location within the Downtown Fayetteville submarket of Cumberland County, with easy access to local amenities and a thriving community. The property's address is 219 Hay St, Fayetteville, NC 28301.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 8,646 SF

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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