519 & 521 Grove Street

Fayetteville, NC

Overview

Avison Young is pleased to present a excellent investment opportunity, 519 & 521 Grove Street in Fayetteville, North Carolina (the “Property”), comprising approximately 1.88 acres across two adjacent parcels (1.10 acres and 0.78 acres). Strategically located within a growing commercial corridor, the site benefits from strong accessibility and visibility, making it well-suited for a variety of retail, service, or mixed-use commercial applications.

The property is zoned LC - Limited Commercial (C-1), which supports a wide range of neighborhood-oriented retail and service uses. This flexible zoning enhances the site’s appeal for both owner-users and investors seeking to capitalize on Fayetteville’s continued economic and population growth.

Offered at a total price of $1,950,000, the assemblage provides a rare opportunity to acquire a sizeable, contiguous commercial footprint in an established area. The dual-parcel configuration allows for potential phased development, user occupancy, or repositioning strategies depending on investment objectives.

Overall, 519 & 521 Grove Street represent a strategically positioned asset with strong development potential, favorable zoning, and immediate accessibility, making it an attractive opportunity in the Fayetteville commercial real estate market.

Prime location along Grove Street, a high-traffic corridor offering convenient access to Interstate 95

Excellent ingress and egress with direct access and visibility

Strategically positioned near multiple government facilities and established residential neighborhoods, driving consistent demand

Located in Fayetteville, a steadily expanding market supported by military, healthcare, and regional growth drivers

Two contiguous parcels totaling 1.88 acres, offering flexibility for cohesive development or phased projects

Zoned LC – Limited Commercial (C-1), allowing for a broad range of retail, office, and neighborhood service uses