421 Maiden Ln - Restaurant FOR SALE


Fayetteville, NC 28301- Downtown Fayetteville
$4,490,000 USD
910-987-2579
421 Maiden Ln, Fayetteville, NC for Sale
$4,490,000 USD
Restaurant - FOR SALE
1/42
null | Request Cap Rate

421 Maiden Ln
Fayetteville, NC 28301
Downtown Fayetteville


HIGHLIGHTS

  • Adjacent to Segra Stadium
  • Value- Add Opportunity W/ Improvements
  • $50/SF

OVERVIEW

FOR SALE Downtown Fayetteville Value-Add Investment Opportunity ±92,894 SF Commercial Building | Adjacent to Segra Stadium Positioned immediately adjacent to Segra Stadium in the heart of Downtown Fayetteville, this 92,894 SF commercial building presents one of the area's premier value-add investment opportunities. With direct access from both Hay Street and the stadium side, the property is ideally situated within Fayetteville's thriving entertainment, dining, and business district. Currently, approximately 5,801 SF is leased, providing approximately $95,084 in annual rental income, while over 87,000 SF remains available for lease-up, owner occupancy, redevelopment, or adaptive reuse—offering tremendous upside for investors. A standout feature is the former Sol's Arcade, a largely turnkey entertainment venue complete with an existing commercial cooler, beer tap system, bar infrastructure, and expansive event space. The property also features substantial office space on the second and third floors, creating endless possibilities for office, retail, entertainment, hospitality, mixed-use, or redevelopment. The site includes approximately 26 on-site parking spaces, a rare amenity in Downtown Fayetteville, and offers exceptional visibility and accessibility in one of the city's fastest-growing commercial corridors. Portions of this building need repair which allows this property to present an outstanding opportunity to create significant value through strategic improvements and lease-up. Investment Highlights: ±92,894 SF commercial building Approximately 5,801 SF currently leased Current rental income of approximately $95,084 annually Approximately 87,000 SF available for lease-up or redevelopment Former Sol's Arcade with existing cooler, beer taps, and event space Extensive second and third floor office space Approximately 26 dedicated parking spaces Adjacent to Segra Stadium Direct access from both Hay Street and the stadium side Exceptional value-add and redevelopment opportunity

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

DT1

APN/PARCEL ID

0437-54-1813

ASK ABOUT THIS PROPERTY

Corey CroegaertGrant-Murray Real Estate LLCMore Info
910-987-2579

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

Corey CroegaertGrant-Murray Real Estate LLCMore Info
910-987-2579

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