107 Person St - Storefront Retail/Residential FOR SALE


Fayetteville, NC 28301
$1,200,000 USD
919-920-2140
107 Person St, Fayetteville, NC for Sale
$1,200,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

107 Person St
Fayetteville, NC 28301


OVERVIEW

Presenting a prime investment opportunity in the heart of downtown Fayetteville, this two-story, 2620-square-foot building boasts a captivating blend of historic charm and modern amenities. With a steady annual income of $52,200, this property offers both immediate returns and long-term potential. A bonus of two parking spots is offered with this sale. The ground floor houses a thriving, long-term restaurant establishment, serving as a cornerstone of the local culinary scene. Upstairs, discover a meticulously renovated apartment, offering luxurious urban living spaces. With attention to detail evident in every corner,. Beyond its financial appeal, this property is steeped in history, contributing to the vibrant tapestry of downtown Fayetteville. Whether you're seeking an income-generating asset or envisioning a piece of Fayetteville's past as your own, this unique offering awaits your discerning eye. Don't miss your chance to own a piece of Fayetteville's heritage. Schedule your viewing today and seize this remarkable investment opportunity!" Located at the intersection of Hay St. and Gillespie St. in historic downtown Fayetteville, this property boasts a prime location teeming with amenities and attractions. Residents and visitors alike can enjoy easy access to a variety of restaurants, retail establishments, and businesses, all within walking distance. The nearby Segra Stadium adds to the vibrant atmosphere, while the imminent construction of the Crown Event Center promises even more excitement with its 3000-seat performing arts venue. Situated centrally within the Fayetteville Metropolitan Statistical Area, this downtown submarket offers unparalleled accessibility to the region, including Fort Liberty, which is reachable in just a 10-15 minute drive. With a three-mile radius encompassing over 39,000 residents and an average household income of $64,215, the property presents an enticing opportunity for businesses looking to tap into a thriving and diverse market.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$458 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

CROSS STREETS

Green St

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

DT1

APN/PARCEL ID

0437-64-6039

ASK ABOUT THIS PROPERTY

Susan EvansGrant-Murray Real Estate LLCMore Info
919-920-2140

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Susan EvansGrant-Murray Real Estate LLCMore Info
919-920-2140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.