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0 Church St
Winston-Salem, NC 27101
Land For Sale
·
4.84 AC

EXECUTIVE SUMMARY
• Tremendous CBD mixed use development opportunity
• The subject property is centrally located in the Central Business District of Winston-Salem adjacent to the rapidly expanding Innovation Quarter
• 502 new multi-family units were delivered in Winston-Salem in 2023 with an overall vacancy rate of 8.1% and 1.4% rent growth
• 370,000 SF of retail space was delivered in 2023 with 4.6% rent growth and an overall vacancy rate of 3.2%
• Winston-Salem rated in the top 50 Best Places to Live according to US News & World Report
• Winston-Salem rated in the top 20 Most Affordable Places to Live according to US News & World Report
• Winston-Salem rated in the top 15 Best Cities to Start a Business according to WALLETHUB
• Winston-Salem Total Population 389,157 and the Piedmont Triad Region MSA Population 1.7 million
• Zoning – CI WO (Central Industrial Winston Overlay)
• Asking Price: $7,260,000
• The subject property is centrally located in the Central Business District of Winston-Salem adjacent to the rapidly expanding Innovation Quarter
• 502 new multi-family units were delivered in Winston-Salem in 2023 with an overall vacancy rate of 8.1% and 1.4% rent growth
• 370,000 SF of retail space was delivered in 2023 with 4.6% rent growth and an overall vacancy rate of 3.2%
• Winston-Salem rated in the top 50 Best Places to Live according to US News & World Report
• Winston-Salem rated in the top 20 Most Affordable Places to Live according to US News & World Report
• Winston-Salem rated in the top 15 Best Cities to Start a Business according to WALLETHUB
• Winston-Salem Total Population 389,157 and the Piedmont Triad Region MSA Population 1.7 million
• Zoning – CI WO (Central Industrial Winston Overlay)
• Asking Price: $7,260,000
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.84 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.84 AC |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
1 LOT AVAILABLE
Lot
| Price | $10,051,470 CAD | Lot Size | 4.84 AC |
| Price Per AC | $2,076,750.04 CAD |
| Price | $10,051,470 CAD |
| Price Per AC | $2,076,750.04 CAD |
| Lot Size | 4.84 AC |
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