1501 Skibo Rd - Bar FOR SALE


Fayetteville, NC 28303- Terry Sanford
$3,500,000 USD
910-861-0449
1501 Skibo Rd, Fayetteville, NC for Sale
$3,500,000 USD
Bar - FOR SALE
1/23
null | Request Cap Rate

1501 Skibo Rd
Fayetteville, NC 28303
Terry Sanford


HIGHLIGHTS

  • Over 2.5 acres along high-traffic Skibo Road
  • 13,222 SF, two-story building with premium finishes
  • Strong redevelopment potential for retail, auto, or mixed-use
  • 2024 Total daytime population: 205,061 (5-mile radius)
  • Average household income: $78,489 (5-mile radius)

OVERVIEW

***Showings will only be scheduled after a buyer is under contract*** This expansive 2.5-acre site along Skibo Road presents a prime redevelopment opportunity in one of Fayetteville’s most dynamic commercial corridors. Currently home to Club Barcelona, a 13,222-square-foot, two-story building, the property was constructed in 2010 with high-end finishes, including marble flooring and a state-of-the-art audio/visual system—both included in the sale. While the existing structure has operated as a nightclub, the site’s visibility, access, and size make it well-suited for a variety of new uses, including retail centers, automotive dealerships, and mixed-use developments. With high traffic exposure and over 2.5 acres of land, this offering provides investors or developers the flexibility to transform the space to meet the needs of Fayetteville’s growing market. The asking price is $3,500,000. Skibo Road is a dominant commercial corridor in Fayetteville, surrounded by major national retailers, dining establishments, and service providers. The property benefits from a 5-mile trade area with a total daytime population of 205,061, creating strong customer potential for new developments. The average household income of $78,489 within this radius underscores the area’s strong consumer base. Skibo Road provides direct access to retail hubs such as Cross Creek Mall and connects to major roadways, ensuring high visibility and accessibility. With Fayetteville’s ongoing economic growth and increasing commercial demand, this site offers a rare chance to develop in a thriving business district.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Club Barcelona

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Auto Dealership, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

199

LAND DETAILS

LAND ACRES

2.57 AC

LAND SF

111,949 SF

ZONING

CC

APN/PARCEL ID

0418-44-0471

ASK ABOUT THIS PROPERTY

Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-861-0449

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Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-861-0449

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