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505 N Liberty St 39,528 SF 37% Leased Office Building Winston-Salem, NC 27101 $1,935,500 CAD ($48.97 CAD/SF)
INVESTMENT HIGHLIGHTS
- Unique redevelopment opportunity
- Street parking and ample garage parking
- ±39,528 SF of mixed-use space
EXECUTIVE SUMMARY
Unique redevelopment opportunity in downtown Winston-Salem at Liberty Street and Fifth Street, across from the CBD’s historic Millennium Event Center. The property offers ±39,528 SF of mixed-use space with potential for array of uses, including street level office/retail and upper-level residential. Surrounding Arts District offers thriving restaurants, retail, and entertainment within walking distance. Street parking and ample garage parking available at adjacent One West Fourth Street parking deck.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
39,528 SF
Building Class
C
Year Built
1908
Price
$1,935,500 CAD
Price Per SF
$48.97 CAD
Percent Leased
37%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,176 SF
Building FAR
3.72
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
CB WO - Commercial Business
Parking
7 Spaces (0.18 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 6835-27-2679 | Improvements Assessment | $739,193 CAD |
| Land Assessment | $298,207 CAD | Total Assessment | $1,037,400 CAD |
PROPERTY TAXES
Parcel Number
6835-27-2679
Land Assessment
$298,207 CAD
Improvements Assessment
$739,193 CAD
Total Assessment
$1,037,400 CAD
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505 N Liberty St
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