Commercial Real Estate

Historic Huske Hardware buildings now for sale in downtown Fayetteville

By Faith Hatton, posted 11 months ago
Back aerial shot of the Huske Hardware properties now for sale. Photo provided by: Grant-Murray Real Estate.

A unique opportunity to purchase a piece of history has just become available. 

The historic Huske Buildings located at 405-421 Hay St are available for sale for $4.6 million in downtown Fayetteville. 

Owned by the Baggett family since buying the property from the original builders and owners in the 1970s. Owner Joe Baggett, whose mother was a member of the Huske family, shared that after being passed down within his family for years, he and his siblings came to the hard decision to sell the property. 

Located in historic downtown Fayetteville, the property measures 69,323 SF on 1.98 acres. Photo provided by: Grant-Murray Real Estate.

 

“Over the years we’ve done different things on the building. When my father was alive we did a lot of the brewery and a bunch of other renovations. I have two brothers and a sister and we just ran it. We’re big downtown people so we’d like to see it go to someone with more energy and let it thrive. It’s a great location and a cool building and I’d love to see it take the next steps forward,” said Baggett. 

The property was listed for sale through Grant- Murray Real Estate  LLC. and consists of three parcels totaling 1.98 acres zoned DT1 and includes a large parking lot to the rear. Building 405 is a 41,950 SF four-story building with the majority of it occupied by Huske Hardware, a long standing downtown brewery and restaurant. The tenant is currently on a month to month lease. Building 417 is a 27,373 SF five-story building with a 2,778 SF space available for lease and a popular hair salon on the ground floor.

According to the listing, the buildings were constructed in 1904 and the last large renovation effort on the property took place in 2001, but Baggett shared that minor renovations and upkeep projects have been taking place while under his family’s ownership. 

The property is being marketed as a “redevelopment opportunity in historic Downtown Fayetteville” with most of the groundwork laid for residential renovations in the five-story building located 417 Hay St. Photo provided by: Grant-Murray Real Estate.

The listing also advertises the potential residential real estate potential of the five story building located at 417 Hay St. Baggett shared that plans were already in motion to develop before the property was listed for sale. 

“In the five story building we’d actually had architectural plans drawn for apartments in the four stories above the retail space, so all of it was going to be mixed use. I would hope someone would do the five story building as mixed use,” said Baggett. “There's a lot of advantages for someone coming in because some of the stuff has already been done. The five story building had been gutted up above and plumbed up to the second floor to be able to start the renovation so that you wouldn't disturb the first floor particularly. So things like that are in place.” 

See the full listing online at www.grantmurrayre.com here

Ico insights

INSIGHTS

SPONSORS' CONTENT
cape-fear-valley-health rachel-thurnher headshott

CFVH introduces volunteer program to provide end-of-life companionship

Rachel Thurnher - Education Coordinator for Cardiac Diagnostics & CVRU, Cape Fear Valley Health
north-carolina-military-business-center trent-ensley headshott

Fayetteville Technical Community College and North Carolina Military Business Center to host Federal Food Symposium April 1-2

Trent Ensley - Federal Business Development Professional, North Carolina Military Business Center
fayetteville-state-university daniel-autrey-phd headshott

FSU introduces new degree program to bolster the state’s manufacturing workforce

Daniel Autrey, PhD - Associate Professor & Chair Department of Chemistry, Physics, & Materials Science at Lloyd College of Health, Science, and Technology, Fayetteville State University

In The Current Issue

Building her own path: Catherine Warren is using her passion to enhance living spaces by creating clean, safe and functional housing

The transient nature of Fayetteville means that homes are always in demand, and affordable homes can be just a dream. Catherine Warren, contractor and owner of Warren Construction & Demolition LP seeks to fulfill those needs with her company’s services.


PAs pioneering change: New mentorship program promotes a more diverse healthcare workforce

Fayetteville physician associates and local students are participating in a national effort to help diversify the healthcare workforce. The American Academy of Physician Associates (AAPA) is piloting a new program called PAthways to connect mino


Geranium Geospatial Solutions: Fayetteville-based company utilizes geographic information systems to provide "smarter solutions through strategic insight"

Left: GGS can help you camp smarter leveraging geospatial technology to enhance your camping experience by offering custom mapping & route planning, weather & environmental monitoring, resource & accessibility mapping and more! Right: GGS