Listed By: Greg Wilson Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:28AM

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Investment Insights

Based on property information with market context.

This property offers 4000 square feet of office space in the heart of the Winston-Salem Central Business District. It is located in downtown Winston-Salem.

Key Highlights

• Prime downtown location in the heart of Winston‑Salem
• Office space available in the Central Business District
• Winston Salem CBD location

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

83

Businesses Nearby

Explore this area Business Placement

Demographics for 27101, NC

21,654

Population

11,958

Households

1.8

Avg Household Size

37

Median Age

34%

College-Educated

90%

High-School Grad

12.5 sq mi

ZIP Area

1,732

Density / Sq Mi

$44,611

Median Household Income

$34,278

Median Earnings

$970

Median Rent

$201,500

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - Prime office space in Winston-Salem's Central Business District.

Where is this office unit located?

The property is located at 500 West 5th Street Winston-Salem, NC.

What are key features of this property?

This property features: Prime downtown location in the heart of Winston‑Salem; Office space available in the Central Business District; Winston Salem CBD location