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$1,969,900

123 Hay Street, Fayetteville, NC 28301
Fayetteville, NC 28301
Listed by FRANKLIN JOHNSON · FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Located in the heart of beautiful downtown Fayetteville, this commercial property benefits from strong foot traffic, vibrant surroundings, and excellent visibility! This unique space was originally built out for a brewery and is fully equipped with existing infrastructure, including walk-in coolers and a finished bar area. No brewery equipment remains. The open layout offers incredible flexibility for a variety of uses, whether you're launching a brewery, restaurant, or bar. There is also potential to develop an upstairs level into an additional bar or lounge area, creating expanded seating and an elevated guest experience. Beyond hospitality, the adaptable floor plan makes this property equally suited for conversion into creative office space or a modern workplace environment.

Property details

MLS
Doorify MLS
MLS #
LP756895
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
259
On market date
February 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Walker-Spivey Elementary
1.01 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
288
Student:teacher ratio
13.1:1
District
Cumberland County Schools
Middle
Reid Ross Classical Middle
3.41 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
243
Student:teacher ratio
13.5:1
District
Cumberland County Schools
High
Cross Creek Early College
1.74 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
246
Student:teacher ratio
18.9:1
District
Cumberland County Schools

Walkability

Blended score for Fayetteville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

72
Walkable
out of 100
EPA National Walkability Index
10.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks16
Schools15
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Fayetteville, from live MLS data.

On the market 259 days -- 149 more days than Fayetteville's current average of 110 days.
For reference, the median list price across 2,013 active listings in Fayetteville right now is $205,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$12,013/mo
$393,980 down
$1,575,920 loan
Principal & interest$10,221
Property tax (est.)$1,642
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.