Kress Building (Restaurant, Event Center and Rooftop Lounge)

For Lease

235 Hay St, Fayetteville, NC 28301

You can currently find 3 retail space(s) available for lease at Kress Building (Restaurant, Event Center and Rooftop Lounge). Designated use type for space listed here includes retail and restaurant. Current retail listings at this property total 8,323 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Kress Building (Restaurant, Event Center and Rooftop Lounge).

Space Available For Lease 3

Contacts

broker
Raymond Sharp, CCIM

Grant-Murray Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 8,316 SF
  • Units 3
  • Lot Size 4,550 Acre
  • Year Built 1925
  • Year Renovated 2019
  • Date Updated May 20, 2025
Located in the heart of downtown Fayetteville, North Carolina, 235 Hay Street is a vibrant location that blends historic charm with contemporary flair. This central location places visitors and residents within walking distance of a variety of cultural, dining, and civic attractions.Unlock the potential of downtown Fayetteville with this rare and dynamic three-story commercial property located in the heart of the city’s bustling Hay Street corridor. 235 Hay Street offers a turnkey opportunity for entrepreneurs and investors alike, featuring a full-service restaurant, upscale event space, and a stunning rooftop lounge—each level equipped with its own fully operational bar. First Floor: Welcoming restaurant space with an inviting layout ideal for dine-in service, takeout, or special events. Modern kitchen infrastructure, stylish dining area, and full bar ready for service. Second Floor: Versatile event venue perfect for private parties, corporate functions, and receptions. Elegant finishes, adaptable seating, and another full bar for seamless event hosting. Rooftop Lounge: A show-stopping rooftop experience with sweeping views of downtown Fayetteville. Equipped with a full bar, ample seating, and atmosphere lighting—perfect for nightlife, weekend events, or VIP experiences.
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Highlights

  • Restaurant
  • Rooftop Lounge
  • Event Center
  • Elevator
  • High-visibility storefront
  • Modern and well-maintained building
  • Close proximity to major transportation routes
  • Flexible lease terms available
  • Ideal for retail, restaurant, or office use
  • High foot traffic area
  • ADA compliant accessibility features

Getting around

  • 74/100

    Walk Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fayetteville, NC
  • Neighborhood Downtown Fayetteville
  • Zip Code 28301

Points of Interest

  • Fayetteville

    0.26 miles

  • Speedway

    0.75 miles

  • Family Fare

    0.83 miles

  • Haymount Exxon

    1.09 miles

  • BP

    1.46 miles

  • Exxon

    2.25 miles

  • Tesla Supercharger

    4.48 miles

  • Parking Deck

    0.06 miles

  • Sandhills Access Parking

    8.12 miles

  • Pierros Bistro

    0.02 miles

  • Antonella's Ristorante

    0.03 miles

  • Vibe Gastropub

    0.08 miles

  • Subway

    0.26 miles

  • Mi Casita

    0.90 miles

  • Fuller's Old Fashion BBQ

    0.91 miles

  • Sandpiper Seafood Buffet

    0.95 miles

  • Latitude 35 Bar and Grill

    1.09 miles

  • Saigon Bistro

    1.30 miles

  • Taco Bell

    1.33 miles

  • Family Fare

    0.32 miles

  • Food Lion

    1.05 miles

  • IGA

    2.26 miles

  • Harris Teeter

    2.42 miles

  • Publix

    2.89 miles

  • Walmart Supercenter

    3.73 miles

  • Kohl's

    4.38 miles

  • Belk

    4.62 miles

  • JCPenney

    4.70 miles

  • Cross Creek Mall

    4.70 miles

235 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.

    235 Hay St is located in Downtown Fayetteville, which is home to a total of 5 listing(s). Retail space at Kress Building (Restaurant, Event Center and Rooftop Lounge) asks $20.00/SF/YR per square foot.

  • The property includes 8,323 square feet of retail space for lease. Of this total, 4,960 square feet are Retail, 3,363 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    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.

    235 Hay St was last renovated in 2019.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Fayetteville is 36. The average household income here is $36,955 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
Raymond Sharp, CCIM

Grant-Murray Real Estate

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