215 N Broad St, Winston-Salem, NC 27101
For Sale
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This ±7,040 square foot, two-story retail and office building is ideally situated on North Broad Street in downtown Winston-Salem, boasting exceptional visibility with 13,000 vehicles passing daily. Its prime location, just two blocks from Truist Stadium, offers unparalleled convenience and accessibility. The property features ample parking with 28 spaces, ensuring ease of access for tenants and customers. The building is zoned HB and sits on a 0.44-acre lot in Forsyth County. Its warm shell condition presents a unique opportunity for redevelopment, allowing for customization to suit a variety of business needs. The strategic location within a thriving area, surrounded by diverse restaurants, retailers, and a significant concentration of residential units, including the 229-unit West End Station and the upcoming 300-unit Easley luxury apartment complex, guarantees high foot traffic and strong potential for tenant occupancy. This property offers a rare chance to establish a presence in a rapidly growing and desirable downtown location. The building is currently vacant, providing immediate occupancy for a new tenant. The property's proximity to I-40 ensures easy access for commuters and clients.
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Cleave and Cork Take-out & Catering Butcher
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PB-S · 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.