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205 W Third St
Winston-Salem, NC 27101
Office Property For Sale
Investment Highlights
- Two-story, 4,370 SF commercial building in downtown Winston-Salem.
- Located in a federally designated Opportunity Zone with tax benefits.
- Zoned CB-WO, allowing a wide range of commercial uses for adaptability.
- Flexible layout supports owner-user or multi-tenant configurations.
- Walkable location near restaurants, offices, and daily amenities.
- Offered at approximately $112/SF—well below replacement cost.
Property Facts
Property Type
Office
Building Size
4,370 SF
Building Class
C
Year Built
1912
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,185 SF
Building FAR
2.01
Lot Size
0.05 AC
Zoning
CB WO - CB-WO (central business - west overlay)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 6835-16-7768 | Improvements Assessment | $324,500 |
| Land Assessment | $63,600 | Total Assessment | $388,100 |
Property Taxes
Parcel Number
6835-16-7768
Land Assessment
$63,600
Improvements Assessment
$324,500
Total Assessment
$388,100
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