505 Cherry St Winston-Salem, NC 27101
- Retail properties
- 2,040 SF
Current Use by Public Records
- Retail properties
Property Details for 505 Cherry St
- Year built
- 1963
- Property size
- 2,040 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 2,040-square-foot creative office space, located in the heart of Winston-Salem's Central Business District, presents a unique opportunity for a discerning tenant. Situated in a Class B building constructed in 1963 and extensively renovated in 2024, this single-tenant property offers a versatile layout ideal for a variety of uses. Previously occupied by a mead bar, the space boasts an open floor plan easily adaptable for retail, restaurant, or office configurations. All necessary city approvals and code compliance for the previous use are in place. The property features two stories; the second floor currently functions as a meeting space/lounge. Its prime location offers unparalleled convenience, being exceptionally close (within approximately 150 feet) to a major public parking garage and directly across from the Benton Convention Center, ensuring high visibility and accessibility. This Forsyth County property represents a rare blend of historic charm and modern functionality, making it an attractive option for businesses seeking a vibrant and well-connected location. The property type is officially listed as Retail, Office, and Restaurant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winston-Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.2474
- Latitude
- 36.1
