844 Twenty-Fifth St - Restaurant FOR SALE


Winston-Salem, NC 27105
$695,000 USD
336-201-0265
844 Twenty-Fifth St, Winston-Salem, NC for Sale
$695,000 USD
Restaurant - FOR SALE
1/20
null | 7.06% Cap Rate

844 Twenty-Fifth St
Winston-Salem, NC 27105


HIGHLIGHTS

  • 3 Total Units with Active Leases - Two to 2027 and One to 2029
  • Long Branch Trail Greenway Extension Coming Nearby
  • Minutes from Downtown Winston-Salem
  • Assemblage Opportunity
  • 7% CAP Rate

OVERVIEW

This 3-unit commercial property is an exciting investment opportunity! Leases are Landlord friendly, with two extending into 2027 and one into 2029. Tenants comprise of a restaurant, church, and hair salon. The restaurant equipment conveys with the property. This location is conveniently located by U.S. 52 and just minutes from Downtown Winston-Salem. The Long Branch Greenway Trail extension from the Innovation Quarter has been funded. The project will bring bike and pedestrian traffic near the property and is a targeted redevelopment effort on behalf of the city and state. This allows buyers to be on the front-end of the redevelopment efforts. Additionally, there is the potential to assemble several surrounding properties. Please Contact the Listing Agent to schedule a time to visit the property. Tenants are operating active businesses and organizations on the property. Access the Data Room or Contact the Listing Agent for the Financials.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

25th & Liberty Buildings

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

GB

APN/PARCEL ID

6836-55-6593

ASK ABOUT THIS PROPERTY

Louis BaldwinBaldwin PropertiesMore Info
336-201-0265

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Louis BaldwinBaldwin PropertiesMore Info
336-201-0265

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