118 Hay St, Fayetteville, NC 28301-5650
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.
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American Barber Shop & Nail Spa Barber Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DT · Fayetteville, NCFayetteville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.