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Roar Building in Winston Salem 633 N Liberty St 42,234 SF Retail Building Winston-Salem, NC 27101 $11,000,000 ($260.45/SF)



Investment Highlights
- 42,234 SF Commercial Building on ±0.52 Acres
- Prime Downtown Winston-Salem Location
Executive Summary
Retail Investment | Downtown Winston-Salem
Located in the heart of downtown Winston-Salem, 633 N Liberty Street presents a unique investment opportunity with seller lease-back structure, offering immediate income while maintaining flexibility for a variety of deal structures. The current ownership is open to remaining in place as a tenant, creating an opportunity for investors to establish day-one cash flow. At the same time, terms are flexible, allowing a buyer to negotiate lease structure, occupancy, or future repositioning based on their investment strategy.
The property consists of ±42,234 square feet on ±0.52 acres and features three stories of renovated commercial space. Recent upgrades have enhanced the building while preserving versatility, supporting a range of uses including retail, office, or future multi-tenant conversion. Positioned just blocks from the Wake Forest Innovation Quarter, the property benefits from strong visibility, walkability, and proximity to Winston-Salem’s growing mix of retail, dining, residential, and employment hubs.
Surrounded by continued redevelopment and investment, 633 N Liberty Street offers a rare opportunity to acquire a well-located asset with flexible deal structure, potential in-place income, and long-term upside in one of Winston-Salem’s most active growth corridors.
Located in the heart of downtown Winston-Salem, 633 N Liberty Street presents a unique investment opportunity with seller lease-back structure, offering immediate income while maintaining flexibility for a variety of deal structures. The current ownership is open to remaining in place as a tenant, creating an opportunity for investors to establish day-one cash flow. At the same time, terms are flexible, allowing a buyer to negotiate lease structure, occupancy, or future repositioning based on their investment strategy.
The property consists of ±42,234 square feet on ±0.52 acres and features three stories of renovated commercial space. Recent upgrades have enhanced the building while preserving versatility, supporting a range of uses including retail, office, or future multi-tenant conversion. Positioned just blocks from the Wake Forest Innovation Quarter, the property benefits from strong visibility, walkability, and proximity to Winston-Salem’s growing mix of retail, dining, residential, and employment hubs.
Surrounded by continued redevelopment and investment, 633 N Liberty Street offers a rare opportunity to acquire a well-located asset with flexible deal structure, potential in-place income, and long-term upside in one of Winston-Salem’s most active growth corridors.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
42,234 SF
Year Built/Renovated
1926/2021
Price
$11,000,000
Price Per SF
$260.45
Tenancy
Single
Building Height
3 Stories
Building FAR
1.86
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
CB (Central Business) - Mix of office, retail, service, and institutional uses in a pedestrian-oriented setting.
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Balcony
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6835-28-2505 | Improvements Assessment | $9,365,400 |
| Land Assessment | $356,800 | Total Assessment | $9,722,200 |
Property Taxes
Parcel Number
6835-28-2505
Land Assessment
$356,800
Improvements Assessment
$9,365,400
Total Assessment
$9,722,200
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Roar Building in Winston Salem | 633 N Liberty St
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