This exceptional retail storefront, located at 207 W 3rd St in Winston-Salem, NC, presents a unique owner/user opportunity. The property, built in 1920, is a two-story building offering a total of 4,200-4,400 square feet, with 2,185 square feet of net rentable space. Ideally situated in the heart of downtown Winston-Salem, this storefront enjoys a high-traffic location adjacent to the Hampton Inn Hotel and the Kaleideum Children's Museum, ensuring significant foot traffic and visibility.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$3k

Tax billed · 2024

Assessed value$175k

Assessed land$60k

Assessed improvement$116k

Effective rate1.49%

Value estimate

· Oct 2026

$420k

$378k – $462k

AI approach$465k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?

$298/SF

Submarket average, outlier-cleaned · 60 recorded sales of this use type

Observed band · Q1–Q3$117 – $497

Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

CB WO

JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?

Best fit: Locksmith

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Locksmith8.9

Laundry Service8.1

Pet Grooming Service8.0

207 3rd St Winston Salem, NC 27101-3907

County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby

Address Sale price Sold Size

633 Trade, Winston Salem, NC 27101-2916 $987,500 Jun 2025 2,940 SF

1110 Burke, Winston Salem, NC 27101-2415 $890,000 Aug 2024 4,641 SF

900 Marshall, Winston Salem, NC 27101-5813 $164,000 Jul 2024 4,472 SF

473 End, Winston Salem, NC 27101-1120 $497,500 Jun 2024 4,466 SF

1300 5th, Winston Salem, NC 27101-4329 $648,000 May 2024 3,768 SF

520 Martin Luther King Jr, Winston Salem, NC 27101-4331 $650,000 Apr 2024 6,860 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$385,000

5,408 SF

607 Trade St

RESTAURANT

607 Trade St, Winston Salem, NC 27101-2916

View Details
Value Estimation
$425,000

3,516 SF

1475 New Walkertown Rd

DRIVE-THRU RESTAURANT, FAST FOOD

1475 New Walkertown Rd, Winston Salem, NC 27101-3319

View Details
Value Estimation
$270,000

3,416 SF

540 Granville Dr

RETAIL STORES (PERSONAL SERVICES)

540 Granville Dr, Winston Salem, NC 27101-4942

View Details
Value Estimation
$300,000

2,320 SF

1420 1st St

BAR, TAVERN

1420 1st St, Winston Salem, NC 27101-2639

View Details
Value Estimation
$270,000

1,681 SF

880 12th St

RETAIL STORES (PERSONAL SERVICES)

880 12th St, Winston Salem, NC 27101-1638

View Details
Value Estimation
$490,000

13,762 SF

170 9th St

BAR, TAVERN

170 9th St, Winston Salem, NC 27101-1523

View Details

Similar Nearby for Sale

$795,000

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Mixed-Use Storefront with Upper Suites

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Contact for pricing
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Retail Property in West End

Retail property in Winston-Salem's West End District for sale.

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Historic Mixed-Use Building

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Similar Nearby for Lease

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Two-Floor Flex Retail Gym Space

Renovated in 2014, this two-floor building offers a flexible interior with a drive-in door and onsite parking.

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Restaurant Space with Rooftop Bar

Former bar space includes indoor seating and an outdoor rooftop bar with a large patio area.

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Retail Space with Existing Shelving

Ready for immediate occupancy in a high-visibility corridor, with an established retail layout and existing shelving.

528-520 N Martin Luther King Jr Dr, Winston Salem, NC 27101

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207 3rd St Winston Salem, NC 27101

Property summary