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705 N Main St
Winston-Salem, NC 27101
Historic Office Storefront | Condo Potential · Retail Property For Sale
Investment Highlights
- 705 N Main Street presents a two-story retail/ office storefront building with a full-floor storage basement and alley loading behind the building.
- All floors are separately metered, enabling conversion opportunities for condo potential, as well as traditional MFR, or continuing live-work.
- Boutiques, trendy eateries, and art galleries line Downtown Winston-Salem, the city’s walkable hub of innovation, art, and nightlife.
- In the Industry Hill Neighborhood, three blocks from the city’s new amphitheater (planned for Spring 2027), in a commercial corridor.
- Highly visible and easily accessible off N Martin Luther King Jr Drive, seeing daily traffic counts of more than 19,000 VPD along the thoroughfare.
- Over 30,000 college students live in Winston-Salem, home to six universities, including Wake Forest University and Winston-Salem State University.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,440 SF
Building Class
C
Year Built
1913
Price
$725,000
Price Per SF
$97.45
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.85
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
PB - Commercial, Office
Parking
5 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
34’ on N Main St
Amenities
- Courtyard
- Security System
- Roof Terrace
- Air Conditioning
Property Taxes
| Parcel Number | 6835-28-3714 | Improvements Assessment | $806,600 |
| Land Assessment | $38,900 | Total Assessment | $845,500 |
Property Taxes
Parcel Number
6835-28-3714
Land Assessment
$38,900
Improvements Assessment
$806,600
Total Assessment
$845,500
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