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421 Maiden Ln
Fayetteville, NC 28301
Retail Property For Sale
Investment Highlights
- Adjacent to Segra Stadium
- $50/SF
- Value- Add Opportunity W/ Improvements
Executive Summary
FOR SALE
Downtown Fayetteville Value-Add Investment Opportunity
±92,894 SF Commercial Building | Adjacent to Segra Stadium
Positioned immediately adjacent to Segra Stadium in the heart of Downtown Fayetteville, this 92,894 SF commercial building presents one of the area's premier value-add investment opportunities. With direct access from both Hay Street and the stadium side, the property is ideally situated within Fayetteville's thriving entertainment, dining, and business district.
Currently, approximately 5,801 SF is leased, providing approximately $95,084 in annual rental income, while over 87,000 SF remains available for lease-up, owner occupancy, redevelopment, or adaptive reuse—offering tremendous upside for investors.
A standout feature is the former Sol's Arcade, a largely turnkey entertainment venue complete with an existing commercial cooler, beer tap system, bar infrastructure, and expansive event space. The property also features substantial office space on the second and third floors, creating endless possibilities for office, retail, entertainment, hospitality, mixed-use, or redevelopment.
The site includes approximately 26 on-site parking spaces, a rare amenity in Downtown Fayetteville, and offers exceptional visibility and accessibility in one of the city's fastest-growing commercial corridors.
Portions of this building need repair which allows this property to present an outstanding opportunity to create significant value through strategic improvements and lease-up.
Investment Highlights:
±92,894 SF commercial building
Approximately 5,801 SF currently leased
Current rental income of approximately $95,084 annually
Approximately 87,000 SF available for lease-up or redevelopment
Former Sol's Arcade with existing cooler, beer taps, and event space
Extensive second and third floor office space
Approximately 26 dedicated parking spaces
Adjacent to Segra Stadium
Direct access from both Hay Street and the stadium side
Exceptional value-add and redevelopment opportunity
Downtown Fayetteville Value-Add Investment Opportunity
±92,894 SF Commercial Building | Adjacent to Segra Stadium
Positioned immediately adjacent to Segra Stadium in the heart of Downtown Fayetteville, this 92,894 SF commercial building presents one of the area's premier value-add investment opportunities. With direct access from both Hay Street and the stadium side, the property is ideally situated within Fayetteville's thriving entertainment, dining, and business district.
Currently, approximately 5,801 SF is leased, providing approximately $95,084 in annual rental income, while over 87,000 SF remains available for lease-up, owner occupancy, redevelopment, or adaptive reuse—offering tremendous upside for investors.
A standout feature is the former Sol's Arcade, a largely turnkey entertainment venue complete with an existing commercial cooler, beer tap system, bar infrastructure, and expansive event space. The property also features substantial office space on the second and third floors, creating endless possibilities for office, retail, entertainment, hospitality, mixed-use, or redevelopment.
The site includes approximately 26 on-site parking spaces, a rare amenity in Downtown Fayetteville, and offers exceptional visibility and accessibility in one of the city's fastest-growing commercial corridors.
Portions of this building need repair which allows this property to present an outstanding opportunity to create significant value through strategic improvements and lease-up.
Investment Highlights:
±92,894 SF commercial building
Approximately 5,801 SF currently leased
Current rental income of approximately $95,084 annually
Approximately 87,000 SF available for lease-up or redevelopment
Former Sol's Arcade with existing cooler, beer taps, and event space
Extensive second and third floor office space
Approximately 26 dedicated parking spaces
Adjacent to Segra Stadium
Direct access from both Hay Street and the stadium side
Exceptional value-add and redevelopment opportunity
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
92,894 SF
Building Class
C
Year Built/Renovated
1937/2008
Price
$4,490,000
Price Per SF
$48.33
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
1.32
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
DT1 - The area will include core office, commercial, and entertainment uses with range of residential uses. Busy and lively with 18 hour/day activities
Parking
27 Spaces (0.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Atrium
- Banking
- Bus Line
- Conferencing Facility
- Courtyard
- Mezzanine
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 0437-54-1813 | Improvements Assessment | $1,339,678 |
| Land Assessment | $2,263,725 | Total Assessment | $3,603,403 |
Property Taxes
Parcel Number
0437-54-1813
Land Assessment
$2,263,725
Improvements Assessment
$1,339,678
Total Assessment
$3,603,403
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