General Retail For Sale • 10,120 SF
| Value-add mixed-use commercial and residential opportunity with a prime location in Downtown Winston-Salem directly across from Merschel Park. |
| Highly visible property with strong foot traffic and daily exposure to more than 5,800 vehicles. |
| Easily accessible, within walking distance of several bus stops and just a short drive from major Highways 52 and 421. |
| In-place income from ground-floor retail tenants on short-term leases, allowing immediate occupancy or repositioning by a new owner. |
| Vacant upper-level units provide a robust upside for conversion into lofts, apartments, or condos, capitalizing on the CBD’s strong housing demand. |
| Performing submarket, with retail vacancies of just 4.2%, and a five-year average annual rent growth of 4.2% in both retail and multifamily units. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Piedmont Triad International | 33 min | - | 23.7 mi |