12,000+ square foot property for sale in historic downtown Fayetteville

By Staff Report, posted Aug 31, 2022 on BizFayetteville.com

Photo courtesy of Franklin Johnson Commercial Real Estate

Franklin Johnson Commercial Real Estate has listed a property for sale in historic downtown Fayetteville that is approximately 12,000 square feet in size.

The lot, located at 127 Hay St., is on sale for $1,100,000. The frontage spans 24 feet on Hay St. The traffic count is recorded as 8,400. According to the listing on LoopNet, the lot was renovated in 2015. All amenities are serviced by PWC except for gas because the property does not have a gas system.

The two-story building has entrances on both Hay Street and Franklin Street, plus a nine car parking lot. It is well suited for office or retail and has a large number of offices that could also be renovated for an open floor plan.

The location is convenient to restaurants, Segra Stadium, shopping, museums, and breweries. Downtown Fayetteville has seen millions of dollars in revitalization and there are plans for more in the form of hotels, apartments, townhouses and office space according to the Downtown Urban Design plan.

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