Freestanding QSR Redevelopment Opportunity

117 Grove Street, Fayetteville, NC 28301

  • For Sale $975,040
  • Property Type Retail - Freestanding
  • Property Size 2,770 SF
  • Units 1
  • Lot Size 0.74 Acre
  • Property Tenancy Single Tenant
  • Year Built 1984
  • Date Updated Mar 24, 2025
Just minutes from downtown Fayetteville, this site is positioned within a vibrant commercial district with strong consumer demand. The area boasts a total daytime population of 56,778 within three miles, ensuring a steady flow of potential customers and employees. The surrounding community has an average household income of $74,353 within three miles, reflecting solid spending power. Major roadways and public transit options provide easy connectivity, making the property well-suited for a variety of business ventures. Proximity to downtown, along with growing residential and commercial development, further enhances the site’s long-term viability for redevelopment.Located along a high-traffic corridor with a daily vehicle count of 32,776, this 0.74-acre site at 117 Grove Street offers a prime redevelopment opportunity near downtown Fayetteville. The existing 2,770 SF freestanding restaurant building is in poor condition and intended for demolition, making way for a modern commercial development. Zoned DT2, the property accommodates a range of potential uses, including quick-service restaurants, coffee shops, automotive service centers, and other high-demand retail concepts. Positioned for maximum accessibility, the site benefits from a nearby full-movement traffic light, ensuring seamless ingress and egress. With an asking price of $975,040, this location presents a valuable opportunity for investors and developers seeking a well-situated, high-visibility property in a growing market.
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Highlights

  • 0.74-acre site with DT2 zoning for flexible use
  • 32,776 vehicles per day along a major corridor
  • Access to a full-movement traffic light for easy access
  • Strong daytime population of 56,778 within three miles
  • Average household income of $74,353 within three miles
  • Ideal for restaurant, coffee shop, auto service, and retail

Contacts

broker

Grant-Murray Real Estate

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fayetteville, NC
  • Neighborhood Downtown Fayetteville
  • Zip Code 28301

Points of Interest

  • Fayetteville

    0.55 miles

  • Speedway

    0.49 miles

  • Family Fare

    1.12 miles

  • Haymount Exxon

    1.37 miles

  • BP

    1.57 miles

  • Exxon

    2.63 miles

  • Tesla Supercharger

    4.46 miles

  • Parking Deck

    0.43 miles

  • Sandhills Access Parking

    7.88 miles

  • Vibe Gastropub

    0.40 miles

  • Antonella's Ristorante

    0.40 miles

  • Pierros Bistro

    0.41 miles

  • Subway

    0.56 miles

  • Mi Casita

    0.63 miles

  • Sandpiper Seafood Buffet

    0.67 miles

  • Fuller's Old Fashion BBQ

    0.78 miles

  • McAlister's Deli

    1.33 miles

  • China Garden

    1.37 miles

  • Latitude 35 Bar and Grill

    1.38 miles

  • Family Fare

    0.27 miles

  • Food Lion

    0.83 miles

  • IGA

    2.19 miles

  • Harris Teeter

    2.78 miles

  • Publix

    3.25 miles

  • Walmart Supercenter

    4.11 miles

  • Kohl's

    4.65 miles

  • Belk

    4.86 miles

  • JCPenney

    4.93 miles

  • Cross Creek Mall

    4.94 miles

Frequently Asked Questions

How much does Freestanding QSR Redevelopment Opportunity cost?

The space currently listed for sale at Freestanding QSR Redevelopment Opportunity asks for $975,040.

What is the total square footage of Freestanding QSR Redevelopment Opportunity?

Freestanding QSR Redevelopment Opportunity totals 2,770 square feet.

When was this property built?

Freestanding QSR Redevelopment Opportunity was built in 1984.

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Contact Listing Broker
broker

Grant-Murray Real Estate

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