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415 N Trade St 4,320 SF 100% Leased Retail Building Winston-Salem, NC 27101 $750,000 ($173.61/SF)
Investment Highlights
- Prime downtown Winston-Salem location in the vibrant Trade Street Arts District, surrounded by galleries, boutiques, and dining.
- Flexible CB zoning allows for a variety of uses, including office, retail, or mixed-use concepts.
- Located within an Opportunity Zone, offering potential tax advantages for qualifying investors.
- Historic two-story building originally built in 1910 and thoughtfully renovated in 1996, blending character with modern functionality.
- Situated near major attractions such as Old Salem Museums & Gardens, Bailey Park, and the Innovation Quarter, fostering strong foot traffic
- Walkable urban setting with a Walk Score of 89 and Bike Score of 79, ensuring excellent accessibility for employees and customers.
Executive Summary
Discover a prime investment opportunity in the heart of Winston-Salem. This 4,320 SF, 1-unit building, dating back to 1910 and thoughtfully renovated in 1996, offers a remarkable space for retail or street retail ventures. Zoned CB WO, this property provides flexibility for a variety of businesses, making it an ideal choice for astute investors seeking a strategic addition to their portfolio. Located in the thriving Winston-Salem area, this historic yet modernized building presents a unique chance to capitalize on the city's dynamic commercial landscape. Embrace the potential of this property to establish a commanding presence in this vibrant market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Building Size
4,320 SF
Building Class
C
Year Built/Renovated
1910/1996
Price
$750,000
Price Per SF
$173.61
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.86
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CB CENTRAL - Central Business
Parking
4 Spaces (0.93 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6835-27-0128 | Improvements Assessment | $681,000 |
| Land Assessment | $50,100 | Total Assessment | $731,100 |
Property Taxes
Parcel Number
6835-27-0128
Land Assessment
$50,100
Improvements Assessment
$681,000
Total Assessment
$731,100
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415 N Trade St
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