Downtown Restaurant & Brewery Available

405 Hay St, Fayetteville, NC 28301

  • For Lease $15,000.00/MO
  • Property Type Retail - Freestanding
  • Property Size 41,950 SF
  • Lot Size 1.98 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1904
  • Year Renovated 2001
  • Date Updated Nov 12, 2024
The property is located in historic downtown Fayetteville at the intersection of Hay St and Ray Ave. The new Segra baseball stadium is within a block from the property and numerous other restaurants, retail, Fayetteville City Hall, and other businesses are all within walking distance from the property. The downtown Fayetteville submarket is centrally located within the Fayetteville MSA making is easily accessible to the region and having a 10-15 minute drive from Fort Bragg. Within a three-mile radius of the property there are 39,171 residents with an average household income of $64,215.Unique opportunity to purchase nearly 70,000 SF in Downtown Fayetteville. The historic Huske Buildings located at 405-421 Hay St are available for sale for $4,900,000. The property consist of three parcels totaling 1.98 acres zoned DT and 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. Building 417 is a 27,285 SF five-story building with a clothing store and salon on the ground floor. Floors two through five could be built out as apartments to make this a very unique redevelopment project in the heart of historic downtown Fayetteville just steps away from the Segra Stadium, Prince Charles, and much more. The property is located in historic downtown Fayetteville at the intersection of Hay St and Ray Ave. The new Segra baseball stadium is within a block from the property and numerous other restaurants, retail, Fayetteville City Hall, and other businesses are all within walking distance from the property. The downtown Fayetteville submarket is centrally located within the Fayetteville MSA making is easily accessible to the region and having a 10-15 minute drive from Fort Bragg. Within a three mile radius of the property there are 34,821 residents with an average household income of $56,130 and a daytime population of 55,577.With over 19,000 square feet spanning two floors, including a mezzanine level, this beautiful space is a standout restaurant opportunity. The restaurant features a large bar, two levels of seating, covered outdoor seating, an enclosed brewing area, and an event hall space with a separate bar. The large private parking lot adds exceptional value, especially for a downtown business. Additionally, the lease includes some kitchen equipment, tables/chairs, and brewing equipment, making it an enticing prospect for aspiring restaurateurs. This unique offering is a rare find in downtown Fayetteville.

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Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Over 19,000 SF on two floors with mezzanine
  • Large bar and two levels of seating
  • Outdoor seating and enclosed brewing area
  • Event hall space with separate bar
  • Spacious kitchen and dedicated parking lot
  • Included: some kitchen equipment, tables/chairs, and brewing equipment

Spaces Available

Contacts

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Fayetteville, NC
  • Neighborhood Downtown Fayetteville
  • Zip Code 28301

Points of Interest

  • Fayetteville

    0.14 miles

  • Family Fare

    0.72 miles

  • Speedway

    0.85 miles

  • Haymount Exxon

    0.98 miles

  • BP

    1.35 miles

  • Exxon

    2.16 miles

  • Tesla Supercharger

    4.59 miles

  • Parking Deck

    0.16 miles

  • Sandhills Access Parking

    8.06 miles

  • Antonella's Ristorante

    0.10 miles

  • Pierros Bistro

    0.14 miles

  • Subway

    0.14 miles

  • Vibe Gastropub

    0.19 miles

  • Latitude 35 Bar and Grill

    0.98 miles

  • Mi Casita

    1.00 miles

  • Fuller's Old Fashion BBQ

    1.02 miles

  • Sandpiper Seafood Buffet

    1.05 miles

  • Saigon Bistro

    1.19 miles

  • Taco Bell

    1.22 miles

  • Family Fare

    0.31 miles

  • Food Lion

    1.16 miles

  • Harris Teeter

    2.32 miles

  • IGA

    2.38 miles

  • Publix

    2.80 miles

  • Walmart Supercenter

    3.74 miles

  • Kohl's

    4.27 miles

  • Belk

    4.51 miles

  • JCPenney

    4.59 miles

  • Cross Creek Mall

    4.59 miles

Frequently Asked Questions

How much does retail space at 405 Hay St cost?

The asking price for retail space at 405 Hay St is $15,000.00/MO. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 405 Hay St?

The property has 19,620 square feet of rentable Restaurant space. Rental opportunities here are available under Modified Gross lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 405 Hay St?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 405 Hay St. For your consideration, you can find 1 parking option(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 405 Hay St.

Is 405 Hay St located in a popular area for retail businesses?

The property is part of Downtown Fayetteville, which is home to 5 other retail listings.

Other popular areas for retail businesses in Fayetteville include Briarwood - Holiday Park, Lakedale - Massey Hill, Downtown Fayetteville.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate

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