407 Gillespie StFayetteville, NC 28301

Property Details for 407 Gillespie St

Year built

2016

Lot size

0.73 AC

Property size (Sq ft)

4,350 SF

Property type

Healthcare properties

Property subtype

Other specialty properties

Description

This exceptional commercial property, located at 407 Gillespie Street in the heart of Fayetteville, North Carolina, presents a unique investment opportunity. The single-story building, constructed in 2016, boasts a total of 4,350 square feet, divided into three (3) approximately 1,450 square foot suites. Each suite is separately metered for utilities and can be leased individually or combined to accommodate a variety of business needs. The property is zoned LC - Limited Commercial, making it suitable for a range of uses, including specialty retail, professional offices, and flex space for trades. Its prime downtown location offers excellent visibility and convenient access to the courthouse. The 0.73-acre lot provides ample space, and the building's Class C designation reflects its solid construction and functionality. The base rent is $15.00 per square foot, plus tenant improvements and alterations, common area maintenance, and utilities. This translates to approximately $2,150.00 per month per suite, plus utilities. This property is an excellent choice for businesses seeking a versatile and well-located space in a thriving downtown area. The property's APN is 0437-51-8663. This is a multi-tenant building with one space currently available.

Location Insight

City

Fayetteville

County

Cumberland

State

North Carolina

Latitude

35.0459

Longitude

-78.8802

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