1300 E Fifth St - Bank FOR SALE


Winston-Salem, NC 27101- East Winston
$1,200,000 USD
336-310-6944
1300 E Fifth St, Winston-Salem, NC for Sale
$1,200,000 USD
Bank - FOR SALE
1/7
null | Request Cap Rate

1300 E Fifth St
Winston-Salem, NC 27101
East Winston


HIGHLIGHTS

  • Property located in an Opportunity Zone: Offers valuable tax benefits to qualifying investors.
  • Located in the East End of Downtown Winston-Salem, undergoing targeted revitalization as a part of the city’s East End Master Plan.
  • Fully entitled and approved plans for mixed-use development including: retail/office, restaurant, and multifamily units.

OVERVIEW

This prime 0.95-acres property includes an additional 0.21-acres lot totaling 1.16 acres. The property is an exceptional mixed-use development opportunity located in the East End of Downtown Winston-Salem, in a highly desirable Opportunity Zone. The site features a former bank and current office building. The land is zoned for Pedestrian Business, making it an ideal location for residential, retail, or mixed-use developments. With fully entitled and approved development plans, the property offers great potential for long-term investment and success.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Opportunity Zone Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

PB-S

APN/PARCEL ID

6835-67-7406,6835-67-7602

ASK ABOUT THIS PROPERTY

Deanna TaylorExpress Home RealtyMore Info
336-310-6944

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Deanna TaylorExpress Home RealtyMore Info
336-310-6944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.