- For Sale $1,500,000
- Property Type Industrial - Flex - Industrial
- Property Size 24,000 SF
- Lot Size 0.78 Acre
- Property Tenancy Multi-Tenant
- Year Built 1945
- Date Updated Oct 20, 2026
- HVAC None
Description
Located in the heart of downtown Fayetteville, the property benefits from a vibrant commercial setting surrounded by established businesses, restaurants, retail destinations, and cultural attractions. Just minutes from Segra Stadium and Fayetteville's growing entertainment district, the property offers convenient access to an active downtown environment that continues to attract visitors, businesses, and investment. Franklin Street benefits from daily vehicular traffic and pedestrian activity, providing visibility and accessibility for a variety of commercial users. Convenient connections to major thoroughfares support efficient transportation and logistics while offering accessibility for employees, customers, and tenants. As downtown Fayetteville continues to experience revitalization and commercial growth, this location offers investors an opportunity to capitalize on the area's expanding business activity and long-term investment potential.444 W Russell Street and 443 Franklin Street offer a compelling industrial/flex investment opportunity encompassing two parcels totaling approximately 0.78 acres in downtown Fayetteville, North Carolina. Originally constructed in 1945, the property features two buildings totaling approximately 24,000 SF, including a 7,500 SF building at 443 Franklin Street. The asset consists of six units ranging from 1,020 SF to 5,320 SF, accommodating a variety of industrial, flex, and manufacturing-oriented uses. Currently 66.7% occupied, the property provides investors with existing rental income and an opportunity to enhance returns through additional lease-up. Zoned DT-2, the property's adaptable configuration and multi-tenant layout offer flexibility for a range of commercial uses and potential repositioning. With its established income stream, diverse unit sizes, and value-add potential, this offering represents an attractive opportunity for investors seeking a versatile commercial asset with long-term growth potential.
Highlights
- 66.7% occupied with additional leasing upside
- Downtown location minutes from Segra Stadium
- DT-2 zoning with flexible commercial potential
- Six units ranging from 1,0205,320 SF
- Two buildings totaling approximately 24,000 SF
- Two parcels totaling approximately 0.78 acres
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Contacts
Vishal Nandwani
Location
Located at 444 W Russell St, Fayetteville, NC 28301, this property is part of the Downtown Fayetteville neighborhood.
Contact Listing Broker
Vishal Nandwani