334 Waughtown St

Winston Salem , NC 27127

About this property

Coldwell Banker Commercial Advantage and Scotty Beal are pleased to present this retail investment for sale at 334-338 Waughtown Street in Winston-Salem, North Carolina. This former furniture factory was built in 1925 and fully renovated in 2003, when 11 retail suites were created in the property. The roofs were replaced within the last ten years, and ample off-street parking is available. This is a tremendous value add opportunity with below market rents and long term tenants in place.  Also in an Opportunity Zone. Boasting a CAP rate of just over 10%, this is a must see opportunity.

Date Added
February 13, 2020
Listing Status
UnderContract
Days On Site
228
MLS#
3077102

Features and Additional Information

Lot Size
16,988 SqFt
Acreage
0.39
Property Type
Commercial
Style
Industrial
Sub-Type
Resale
Year
1925
Garage
0
Pool
No
Story(s)
Property View
No
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$549,000 UnderContract
0 Beds
0 Full Baths
9,945 SQFT

Presented By REMAX Champions Realty

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Get in touch today! Phone: (336) 900-7653
License #C30334
Brokerage
Greensboro
(336) 900-7653
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Area Information

| County |

$ 549,000
This listing is play_arrow 237.0% higher than the average in the area
$ 162,900 in the area
9,945 SqFt
This listing is play_arrow 623.3% larger than the average in the area
1,375 SqFt in the area
$ 55 $/SqFt
This listing is play_arrow 53.4% less than the average in the area
$ 118 $/SqFt in the area
228 days on site
This listing is play_arrow 1800.0% above the average in the area
12 days on site in the area

Schools in the Area

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    Elementary School
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