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601 S Broad St 2 Properties Offered at $1,800,000 in Winston-Salem, NC
INVESTMENT HIGHLIGHTS
- Includes ±0.40-acre contiguous parcel on Poplar Street
- Potential RM-5 zoning allows up to 14 townhome units
- Flat, developable site ideal for infill or mixed-use redevelopment
- Positioned near Bailey Park, Old Salem, and downtown Winston-Salem
- Existing retail building with basement storage and on-site parking
- Asking price of $1,800,000 for ±1.73 acres with existing improvements
EXECUTIVE SUMMARY
Located at 601 S. Broad Street in Winston-Salem, NC, this ±1.73-acre site presents a rare infill development opportunity in one of the city’s most dynamic and walkable districts. The property includes a ±4,725 SF retail building with ±1,440 SF of dry basement storage and on-site parking, offering immediate utility for owner-users or adaptive reuse. The site also includes a contiguous ±0.40-acre parcel on Poplar Street, expanding its development potential. [S. Broad S...0.7.25 (1)]
Positioned near the intersection of Broad and Academy Streets, the parcel sits within close proximity to downtown Winston-Salem, Bailey Park, the Convention Center, and Old Salem. The area is surrounded by a mix of residential neighborhoods, cultural institutions, and retail corridors, making it ideal for residential infill or mixed-use redevelopment. With relatively flat topography and potential RM-5 zoning, the site could accommodate up to 14 townhome units, subject to approvals. [S. Broad S...0.7.25 (1)]
This location benefits from strong connectivity to major thoroughfares and public transit, and is walkable to amenities including Salem Music, Whole Skin Studio, and The Strollway. Whether for residential builders, urban infill developers, or investors seeking a strategic foothold in Winston-Salem’s growth corridor, 601 S. Broad Street offers scale, flexibility, and location appeal in a market with rising demand for quality housing and walkable urban living.
Positioned near the intersection of Broad and Academy Streets, the parcel sits within close proximity to downtown Winston-Salem, Bailey Park, the Convention Center, and Old Salem. The area is surrounded by a mix of residential neighborhoods, cultural institutions, and retail corridors, making it ideal for residential infill or mixed-use redevelopment. With relatively flat topography and potential RM-5 zoning, the site could accommodate up to 14 townhome units, subject to approvals. [S. Broad S...0.7.25 (1)]
This location benefits from strong connectivity to major thoroughfares and public transit, and is walkable to amenities including Salem Music, Whole Skin Studio, and The Strollway. Whether for residential builders, urban infill developers, or investors seeking a strategic foothold in Winston-Salem’s growth corridor, 601 S. Broad Street offers scale, flexibility, and location appeal in a market with rising demand for quality housing and walkable urban living.
PROPERTY FACTS
| Price | $1,800,000 | Number of Properties | 2 |
| Price / SF | $380.95 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,725 SF |
| Status | Active | Total Land Area | 1.81 AC |
| Price | $1,800,000 |
| Price / SF | $380.95 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,725 SF |
| Total Land Area | 1.81 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 601 S Broad St, Winston-Salem, NC 27101 | Land | 1.53 AC | - | - |
| 601 S Broad St, Winston-Salem, NC 27101 | Retail | 4,725 SF | 1940 | - |
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