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
It's free and no obligation
$549,000
UnderContract
0
Beds
0 Full
Baths
9,945
SQFT
Presented By REMAX Champions Realty
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
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237.0% higher
than
the average in the area
$
162,900
in the area
9,945
SqFt
This listing is
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623.3% larger
than
the average in the area
1,375
SqFt
in the area
$
55
$/SqFt
This listing is
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53.4% less
than
the average in the area
$
118
$/SqFt
in the area
228
days on site
This listing is
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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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Middle School
-
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High School