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    201 Broad St Winston-Salem, NC 27101

    Sponsored
    For Sale
    $1,699,000

    Fully Leased Income Property, High Visibility

    Property size:
    15,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional income-producing property, located at 201 N. Broad Street in downtown Winston-Salem, North Carolina, presents a compelling investment opportunity. The 15,480 square foot building sits on a half-acre lot and is currently fully leased. The primary tenant occupies the space under a lease expiring July 31, 2026, with two five-year renewal options. A secondary tenant holds a month-to-month storage lease. The property boasts excellent signage and visibility, making it ideal for both office and retail uses. Convenient, free parking is available on-site, with additional parking for lease across Second Street. The property is zoned Pedestrian Business (PB), reflecting its prime downtown location. The building features two stories and is classified as Class C. Financial details, including income and expenses, are available upon request. This is a rare opportunity to acquire a well-located, fully leased commercial property in a thriving downtown area. The long-term lease with the primary tenant provides significant stability and potential for future growth. Contact us today to learn more about this exceptional investment.

    Property Features for 201 Broad St

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,480 SF
    Class
    C
    Lot Size
    21,780 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Fully leased income property in downtown Winston‑Salem. Primary tenant lease expires 7/31/2026 with two 5‑year options. Secondary tenant on month‑to‑month.
    • 15,480 square feet on 0.5 acres.
    • Excellent signage and visibility.
    • Suitable for office and retail uses.
    • Ample free parking, with additional parking available for lease across Second Street.
    • Zoned Pedestrian Business (PB).
    Property Profile Location Intelligence

    Current Use by Public Records

    e-Facilis Software Company HCTec Business To Business Service

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2530121
    Latitude
    36.0953891

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    FAQs

    What type of property is this?
    Individual retail property - Fully Leased Income Property, High Visibility
    Where is this individual retail property located?
    The property is located at 201 Broad St Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: Fully leased income property in downtown Winston-Salem. Primary tenant lease expires 7/31/2026 with two 5-year options. Secondary tenant on month-to-month.; 15,480 square feet on 0.5 acres.; Excellent signage and visibility.
    Request Owner's contact information
    201 Broad St Winston-Salem, NC 27101
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    Winston-Salem, NC 27101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Broad St Winston-Salem, NC 27101
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