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$875,000 -$75,000 (-7.89%) Price Reduced
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Property Description
*** ALL ENTREPRENEURS AND INVESTORS WHO ARE LOOKING TO BE APART OF THE REVITALIATION THAT ISCONTINOUSLY GOING ON IN DOWNTOWN FAYETTEVILLE. This 2-Story building in the heart of the HistoricDowntown Fayetteville is just for you. You are walking distance to Market Square. You have to doubleshowcase displays along with 2 upper-level windows that face Hay Street. There is private parking located onthe backside of the property through an alley lot. Lower Level: Retail Space that has been recently renovated.Includes a finished bar area, kitchen area and also has two functionable bathrooms with handicap accessibilitythat's ADA approved. Upper Level: Main living area that has two bedrooms, two bathrooms and an open floorplan for the kitchen as well as living room area.
Full Property Details
Full Property Details for 116 Hay St
General
- Price: $875,000
- Status: Active
- Type: Retail
- Source: 2218
- MLS ID: LP754899
- Updated: 2/17/2026
- Added to Site: 46 day(s) ago
Location
- County: Cumberland
- Driving Directions: The private parking spot will be in the back of the building. Once on Hay Street depending on which way youare coming from you are going to want to make a right or a left onto Anderson Street (again this is if you areon Hay Street.) Once you make that right or left onto Anderson Street. You will come to a stop sign where youwant to make that right onto Old Street (which is a One-Way). Once you have made that right you will notice abeautiful mural on your right-hand side. However, as you get to the end of the mural slow down because thereis an alleyway which will be the alleyway you want to turn right into. If you get to the light, you have gone toofar.
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Building Size: 3049
- Square Feet: 3,049
Lot Features
- Zoning: DT - Downtown
Disclosures and Reports
- Property ID: 437642228
Listed by Exp Realty Llc, MARESHA KELLY (229) 854-6031
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Schools
Schools serving 116 Hay St
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Pauline Jones Elementary 500 Fisher Street, Fayetteville, NC 28301 | K-5 | 1 mi |
R Max Abbott Middle 590 Winding Creek Road, Fayetteville, NC 28305 | 6-8 | 2.5 mi |
Terry Sanford High 2301 Fort Bragg Road, Fayetteville, NC 28303 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Hay St
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$875,000
-7.89%
MLS
1/05/2026
Listed
$950,000
192.31%
MLS
4/22/2020
Sold
$325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Hay St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,123
-17%
$276,946
17%
2024
$3,750
8%
$236,744
—
2023
$3,478
3%
$236,744
—
2022
$3,383
3%
$236,744
3%
2021
$3,290
—
$230,078
—
2019
$3,290
—
$230,078
—
2018
$3,290
1%
$230,078
—
2017
$3,269
27%
$230,078
22%
2016
$2,572
1%
$188,658
—
2015
$2,547
3%
$188,658
—
2013
$2,481
—
$188,658
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Hay St
116 Hay Street, Fayetteville, NC 28301 (MLS# LP754899) is a Retail property. 116 Hay Street is currently listed for $875,000 and was received on January 05, 2026. Want to learn more about 116 Hay Street? Do you have questions about finding other Retail real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.

