1409 Samuel St - Freestanding FOR SALE


Winston-Salem, NC 27103- S Downtown Winston-Salem | 
$2,500,000 USD
336-480-2327
1409 Samuel St, Winston-Salem, NC for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/10
null | 5.19% Cap Rate

NEW


1409 Samuel St
Winston-Salem, NC 27103
S Downtown Winston-Salem


OVERVIEW

Upper Level 100% leased. Lower Level Value-add upside 11,616 SF vacant on the lower level, ready to lease or occupy now 2,400 SF of shop space coming available in 2027, Investors: Lease up the vacant lower level, re-tenant the shop space at market rates in 2027, and grow NOI in one of the city's most established commercial areas. Owner-users: Occupy the shop, the lower level, or both. Lease the rest to offset your costs and build equity instead of paying rent.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

5.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

GB GENERAL

APN/PARCEL ID

6814-58-1311,6814-58-1424

ASK ABOUT THIS PROPERTY

Spencer Bennett, CCIMMeridian Realty Group, Inc.More Info
336-480-2327

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Spencer Bennett, CCIMMeridian Realty Group, Inc.More Info
336-480-2327

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