Fayette St Winston-Salem, NC 27101

Property Details for 0 Fayette St

Lot size

0.28 lot acres

Property type

Land

Description

This auction presents an exceptional opportunity to acquire two combined infill lots totaling 0.28 acres in Winston-Salem's desirable West End. Strategically located at the corner of Fayette St NW and W First St, this property boasts 130.3 feet of frontage on Fayette St NW and 125 feet on W First St (Lot #1). The lots are situated directly across from Truist Stadium, home of the Winston-Salem Dash, and are surrounded by modern apartment complexes and established commercial businesses. This prime location offers excellent visibility, being just 200 feet from Peters Creek Parkway and a quarter mile from Hwy 421, Exit 234A. The PB-S zoning allows for a variety of commercial and residential uses, making this an ideal development opportunity. The lots are mostly cleared, with existing metal fence-lined sidewalks along the south and east perimeters and cut-curb access to Lot #1 along W First St. A topography map is available. The auction features online bidding, beginning November 5th, 2024, at 3:00 PM and concluding November 12th, 2024, at 3:00 PM. The suggested opening bid is $10,000, and seller financing is available. Bidders can choose to bid on the lots individually or combined. Prospective buyers are encouraged to conduct their own on-site inspections. This is a rare chance to secure a highly visible and versatile property in a thriving area of Winston-Salem. The PB-S zoning, detailed in the provided documents, permits office, retail, service, institutional, and high-density residential uses.

Location Insight

City

Winston-Salem

County

Forsyth

State

North Carolina

Longitude

-80.2558

Latitude

36.0939