602-997-3817
104 W 4th St, Winston-Salem, NC for Sale
Hospitality - FOR SALE
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104 W 4th St
Winston-Salem, NC 27101
Downtown Winston-Salem


HIGHLIGHTS

  • CENTRAL DOWNTOWN WINSTON-SALEM LOCATION WITH EXCELLENT WALKABILITY
  • DIVERSE DEMAND DRIVERS INCLUDING HIGHER EDUCATION, MEDICAL, CORPORATE, AND LEISURE
  • CULTURALLY SIGNIFICANT PROPERTY INCLUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES

OVERVIEW

Berkadia Hotels & Hospitality is pleased to offer, on an exclusive basis, the opportunity to acquire a fee simple interest in the 75-key Hotel Indigo Winston-Salem Downtown located at 104 W Fourth St, Winston-Salem, NC (the “Hotel”, “Property” or “Indigo”). Hotel Indigo Winston-Salem Downtown is a 75-key, boutique upper-upscale hotel ideally positioned in the heart of downtown Winston-Salem, offering exceptional walkability and access to the area’s leading corporate, educational, medical, and leisure demand drivers. Originally built in 1928, the six-story concrete building was acquired in 2016 for conversion to hotel use. Current ownership completed a multimillion-dollar conversion in 2019, blending historic character with modern functionality. The property is further distinguished by its inclusion on the National Register of Historic Places, offering a highly differentiated guest experience in one of North Carolina’s most vibrant urban markets. The Hotel features strong in-place cash flow with additional top-line upside, supported by a diverse and resilient demand base. Amenities include Sir Winston Wine Loft & Restaurant, a fitness center, and 1,052 square feet of meeting space (additional event space in the wine loft) to capture business and social demand. Offered fee simple and unencumbered by management, Hotel Indigo Winston-Salem Downtown provides investors with operational flexibility, durable real estate fundamentals, and the opportunity to acquire a culturally significant asset with both proven performance and future growth potential. Please reach out to Natalie Castillo (natalie.castillo@berkadia.com) and Dylan Jones (dylan.jones@berkadia.com) to learn more about the property, the sales process, and to schedule a tour.

FOR SALE DETAILS

PRICE

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# OF ROOMS

75

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Indigo Winston-Salem Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,511 SF

ZONING

CB WO

APN/PARCEL ID

6835-26-1932

ASK ABOUT THIS PROPERTY

Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

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Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.