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Property summary
This exceptional restaurant and brewery opportunity in downtown Fayetteville, NC, boasts 19,620 square feet across two floors, including a mezzanine. The space features a large bar, ample seating on two levels, and covered outdoor seating. An enclosed brewing area and an event hall with a separate bar add significant versatility. A substantial private parking lot is a key advantage in this vibrant downtown location. The lease includes some existing kitchen equipment, tables, chairs, and brewing equipment. Situated at the intersection of Hay St and Ray Ave, this property benefits from its proximity to the new Segra baseball stadium, numerous other restaurants and retail establishments, Fayetteville City Hall, and other businesses, all within walking distance. The downtown Fayetteville submarket offers easy access to the Fayetteville MSA and is a short drive from Fort Bragg. The property sits on 1.98 acres and has a total building size of 41,950 square feet. The zoning is DT1. The property's location within a three-mile radius of 39,171 residents with an average household income of $64,215 provides a strong customer base. Parcel numbers are 0437-54-1426, 0437-44-9490, and 0437-44-9444 in Cumberland County. This is a rare opportunity for a proven restaurant operator.
Property profile
VerifiedCap rate & NOI
Current use
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Tax Preparation
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DT · Fayetteville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for DT in Fayetteville, NC.
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