Downtown Restaurant & Brewery Available

For Lease

405 Hay St, Fayetteville, NC 28301

You can currently find 1 retail space(s) available for lease at Downtown Restaurant & Brewery Available. Designated use type for space listed here includes restaurant. Current retail listings at this property total 19,620 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Downtown Restaurant & Brewery Available.

Space Available For Lease 1

Contacts

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate

(910) 829-1617

Property Details

  • Property Type Retail - Freestanding
  • Property Size 41,950 SF
  • Lot Size 1.98 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1904
  • Year Renovated 2001
  • Date Updated May 1, 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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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

Attachments

Getting around

  • 74/100

    Walk Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Speedway

    1.10 miles

  • BP

    1.35 miles

  • Exxon

    2.16 miles

  • BP

    2.42 miles

  • Exxon

    2.50 miles

  • Exxon

    2.59 miles

  • Speedway

    2.73 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

  • Latitude 35 Bar and Grill

    0.98 miles

  • Mi Casita

    1.00 miles

  • Sandpiper Seafood Buffet

    1.05 miles

  • Saigon Bistro

    1.19 miles

  • Taco Bell

    1.22 miles

  • China Garden

    1.27 miles

  • NY Supreme Steamers

    1.30 miles

  • Family Fare

    0.31 miles

  • Food Lion

    1.16 miles

  • Harris Teeter

    2.32 miles

  • IGA

    2.38 miles

  • Publix

    2.80 miles

  • Food Lion

    3.56 miles

  • Food Lion

    3.72 miles

  • Walmart Supercenter

    3.74 miles

  • Food Lion

    3.89 miles

  • Boone Trail Thrift Mart

    3.92 miles

405 Hay St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    405 Hay St is located in Downtown Fayetteville, which is home to a total of 4 listing(s). Retail space at Downtown Restaurant & Brewery Available asks $15,000.00/MO per square foot.

  • The property includes 19,620 square feet of retail space for lease. Of this total, 19,620 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    405 Hay St was last renovated in 2001.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Fayetteville is 34. The average household income here is $30,660 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Patrick Murray, CCIM, SIOR

Grant-Murray Real Estate

(910) 829-1617

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