129 N Broad St - Land Development Site in Downtown WS 0.88 Acres of Commercial Land Offered at $1,199,000 in Winston-Salem, NC 27101

The Spring/Broad Land Development Site is a 0.88-acre vacant land assemblage comprised of four parcels — 127 & 129 N. Broad Street and 0 & 126 Spring Street — situated in the heart of downtown Winston-Salem.
This offering represents a rare downtown infill development opportunity within easy walking distance of the city’s core amenities, including the Truist Stadium (home of the Winston-Salem Dash), nearby residential developments (apartments, lofts), and major downtown streets and arterials.
Given the zoning flexibility (HB, PB-S, LO) and full utility access at the street, the site is well-suited for a variety of commercial or mixed-use projects — ranging from retail, restaurant, creative office, mixed use, to boutique residential/ live-work developments (subject to zoning and approvals).
Lot Size: 0.88 acres (˜ 38,333 SF)
Asking Price: $1,199,000
Zoning: Zoned HB, PB-S, and LO (Highway Business / Pedestrian Business–Small / Limited Office)
Utilities: Water, sewer & gas to the site.
Prime Downtown Infill Location — 0.88 Acres: A substantial vacant land parcel in the urban core offering a rare opportunity for new development at size difficult to find downtown.
Flexible Zoning (HB / PB-S / LO): Zoning allows a broad range of potential uses — from retail, restaurant, office, creative uses, to limited-scale mixed-use — giving a developer or user significant flexibility.
Full Utilities On-Site: Water, sewer, and natural gas are available at the street — reducing infrastructure buildout costs and making the site development-ready.
Strong Street Frontage on Two Corners / Multiple Fronting Streets: Two prime corners with street frontage on Broad Street and Spring Street, providing high visibility and access — beneficial for retail, restaurant, or mixed-use users.
Close Proximity to Truist Stadium + Downtown Amenities: Walking distance or short drive to Truist Stadium, downtown restaurants, nightlife, apartments/lofts, and other amenities — advantageous for retail, hospitality, residential, or mixed-use development.
Opportunity Zone Location: The listing is marked as an Opportunity Zone property — potentially offering additional incentives for investors or developers under relevant tax-advantage programs.