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Property summary
This stunning, fully renovated (2020) two-story executive office building at 109 Gillespie Street in Fayetteville, North Carolina, presents a unique opportunity. Priced at $700,000, this 5,200 square foot Class B property boasts seven spacious offices, a welcoming reception area, two conference rooms, and an expansive workspace. Four restrooms cater to employee and client needs. The building's original exposed brick walls and polished concrete floors create a sophisticated blend of historic charm and modern functionality. Located in the heart of Historic Downtown Fayetteville (DT-DOWNTOW zoning), this property offers a prime location with easy access to local amenities and businesses. Built in 1900 and meticulously updated in 2020, this building provides a turnkey solution for businesses seeking a prestigious and efficient workspace. The combination of historical character and contemporary design makes this an exceptional investment opportunity in a thriving downtown area. This property is ideal for businesses seeking a unique and stylish office space in a vibrant urban setting. The spacious layout and modern amenities ensure a comfortable and productive work environment. Don't miss this chance to own a piece of Fayetteville's history.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company
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Hardware & Home Improvement Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DT1 - DOWNTOWN AREA 1 · Fayetteville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DT1 - DOWNTOWN AREA 1 in Fayetteville, NC.
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Find the owner behind the property.
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