179 Waughtown St, Winston Salem, NC 27127-2143
This exceptional 8,610-square-foot flex space property at 179 Waughtown Street in Winston-Salem, North Carolina, presents a compelling investment opportunity. Built in 1960 and renovated in 1997, this single-story building sits on a 0.68-acre lot and offers ample parking with 12 spaces. Currently vacant, the property is zoned HB and features a fenced-in area, ideal for secure storage of inventory or equipment. The building's 1997 renovation ensures modern functionality, while its industrial heritage provides robust infrastructure, including three-phase power. Its prime location on Waughtown Street, directly across from the University of North Carolina School of the Arts (UNCSA), offers excellent visibility and accessibility. The property is conveniently located minutes from downtown Winston-Salem, providing easy access to a thriving urban center. This versatile space is suitable for a variety of uses, making it an attractive option for both owner-occupiers and investors seeking a high-demand property in a desirable location. The property's features include one building, a single tenancy, and a Forsyth County address with APN 6834-49-6567. The asking price is $600,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial flex space in a growing market.
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Big Anchor Roofing & Gutters Roofing Company General Contractor
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Big Anchor Landscaping and Designs LLC Landscaping General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
HB · Winston Salem, NCWinston Salem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.