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Roar Building in Winston Salem 633 N Liberty St 42,000 SF 100% Leased Industrial Building Winston-Salem, NC 27101 $14,938,000 CAD ($355.67 CAD/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.
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- Offering Memorandum
Property Facts
| Price | $14,938,000 CAD | Rentable Building Area | 42,000 SF |
| Price Per SF | $355.67 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1926 |
| Property Type | Industrial | Parking Ratio | 0.23/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.36 AC | Opportunity Zone |
Yes
|
| Zoning | CB WO - Commercial Business | ||
| Price | $14,938,000 CAD |
| Price Per SF | $355.67 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.36 AC |
| Rentable Building Area | 42,000 SF |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 0.23/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | CB WO - Commercial Business |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6835-28-2505 | Improvements Assessment | $12,718,214 CAD |
| Land Assessment | $484,534 CAD | Total Assessment | $13,202,748 CAD |
Property Taxes
Parcel Number
6835-28-2505
Land Assessment
$484,534 CAD
Improvements Assessment
$12,718,214 CAD
Total Assessment
$13,202,748 CAD
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Roar Building in Winston Salem | 633 N Liberty St
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