422 Liberty St, Winston Salem, NC 27101-3814

This iconic, four-story, 16,464+/- square foot building, constructed in 1912, is located in the heart of Downtown Winston-Salem, NC, directly across from public parking and a Class A office building. The property, formerly the Camel Pawn Shop, boasts a rich history and is a contributing structure to the Downtown Winston-Salem Historic District, making it eligible for Historic Property and Opportunity Zone tax benefits. The building features a 3,381+/- square foot main level with a recessed storefront, two double-door entries, and terrazzo tile flooring. The second and third floors each offer 4,361+/- square feet of space, and a full 4,361+/- square foot unfinished basement is also included. A freight elevator and interior stairwell provide access to all four levels. The CB-WO zoning permits a variety of uses, including retail, office, restaurant, hotel, and multi-family. The .11-acre lot (4,900+/- sq ft) offers approximately 49 feet of frontage on N. Liberty Street. While the upper floors currently display vintage signage, the masonry exterior cladding can be removed to reveal the original façade. The property is not located in a flood hazard area. The 2024 property taxes are $6,166.76 (prorated at closing). This is a unique opportunity to acquire a piece of Winston-Salem history with significant redevelopment potential. The property is being sold to the highest bidder above the tax value of $413,100.