633 N Liberty St - Retail FOR SALE


Winston-Salem, NC 27101- Downtown Winston-Salem
$11,000,000 USD
919-302-3298
633 N Liberty St, Winston-Salem, NC for Sale
$11,000,000 USD
Retail - FOR SALE
1/11
null | 7% Cap Rate

633 N Liberty St
Winston-Salem, NC 27101
Downtown Winston-Salem


HIGHLIGHTS

  • 7% Cap Rate Investment with Seller Lease-Back at Closing
  • 42,234 SF Commercial Building on ±0.52 Acres
  • Prime Downtown Winston-Salem Location

OVERVIEW

7% Cap Rate Retail Investment | Downtown Winston-Salem Located in the heart of downtown Winston-Salem, 633 N Liberty Street presents a compelling 7% cap rate investment opportunity with a seller lease-back structure, providing immediate and stabilized income at closing. The current owner will remain in place as a tenant, offering investors a secure, predictable cash-flow opportunity from day one. The property consists of ±42,234 square feet on ±0.52 acres and features three stories of fully renovated commercial space. Extensive upgrades have modernized the building while preserving flexibility for a variety of commercial uses. The versatile layout supports long-term adaptability, allowing for potential future repositioning, multi-tenant conversion, or owner-occupancy upon lease expiration. Strategically positioned just blocks from the Wake Forest Innovation Quarter, the property benefits from strong downtown visibility, walkability, and proximity to Winston-Salem’s expanding mix of retail, dining, residential, and employment centers. Surrounded by ongoing redevelopment and continued urban investment, 633 N Liberty Street represents a rare opportunity to acquire a stabilized income-producing asset with long-term upside in one of Winston-Salem’s most active growth corridors. Property Highlights 7% Cap Rate Investment Seller Lease-Back – Immediate Cash Flow ±42,234 SF | Three-Story Commercial Building ±0.52 Acre Site Fully Renovated Interior and Systems Located in Downtown Winston-Salem Blocks from Wake Forest Innovation Quarter Strong Long-Term Repositioning Potential

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7% Cap Retail | Winston-Salem

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

CB (Central Business)

APN/PARCEL ID

6835-28-2505

ASK ABOUT THIS PROPERTY

Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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