Property profile

118 Hay St Fayetteville, NC 28301

OFF-MARKET
Retail space
Property ID
US53-0135784
1,469 SF 0.05 ac lot Built 1925
Entity Owned Free & Clear
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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

Current use

Occupant on record · Public records
  • Barber Shop

Location

118 Hay St Fayetteville, NC 28301-5650
Fayetteville metro Census 3800 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2021
Price N/A
2005
$6,000
2004
Price N/A

Zoning & alternative use

DT · Fayetteville, NC

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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