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    OFF-MARKET
    Retail space

    118 Hay St, Fayetteville, NC 28301-5650

    1,469 SF 0.05 ac lot Built 1925
    Entity Owned Free & Clear
    Property ID
    US53-0135784
    Property summary
    AI-generated overview

    This exceptional 1,469 square foot commercial space, located on Hay Street in the heart of historic downtown Fayetteville, presents a unique opportunity for a single-tenant barber shop or salon. The property benefits from its position within a vibrant and bustling urban environment, surrounded by iconic landmarks and attracting significant foot traffic from both locals and visitors. This high-visibility location ensures maximum exposure for any business operating within the space. The interior is designed to be sleek and stylish, providing a professional and inviting atmosphere for clients. The space is ready for immediate occupancy and offers the perfect blend of heritage charm and modern amenities. Ideal for established businesses seeking expansion or aspiring entrepreneurs looking to establish a presence in a thriving downtown area. The property's strategic location on Hay Street offers unparalleled access to the cultural, commercial, and community aspects of Fayetteville's dynamic downtown district. This is a chance to secure a prominent location in a thriving area, maximizing potential for growth and success. The space is ready for immediate use and is perfectly suited for a salon or barber shop operation. Don't miss this chance to establish your business in a prime downtown Fayetteville location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1925
    Total area 1,469 SF
    Lot 0.05 ac (2,178 SF)
    Zoning code DT
    APN 0437-64-2218
    UPID US53-0135784
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • American Barber Shop & Nail Spa Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Market Square Rentals LLC
    Market Square Rentals LLC
    since 2025
    4 recorded transactions
    2025
    2021
    2005
    $6,000
    2004
    Zoning & alternative use
    DT · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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