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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.

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Property Facts

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
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
6835-28-2505
Land Assessment
$484,534 CAD
Improvements Assessment
$12,718,214 CAD
Total Assessment
$13,202,748 CAD
  • Listing ID: 39225096

  • Date on Market: 2026-01-27

  • Last Updated:

  • Address: 633 N Liberty St, Winston-Salem, NC 27101

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