25th & Liberty Buildings | 844 Twenty-Fifth St
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25th & Liberty Buildings 844 Twenty-Fifth St
4,117 SF 100% Leased Retail Building Winston-Salem, NC 27105 $695,000 ($169/SF) 7.06% Cap Rate
Investment Highlights
- 3 Total Units with Active Leases - Two to 2027 and One to 2029
- Minutes from Downtown Winston-Salem
- 7% CAP Rate
- Long Branch Trail Greenway Extension Coming Nearby
- Assemblage Opportunity
Executive Summary
This 3-unit commercial property is an exciting investment opportunity! Leases are Landlord friendly, with two extending into 2027 and one into 2029. Tenants comprise of a restaurant, church, and hair salon. The restaurant equipment conveys with the property. This location is conveniently located by U.S. 52 and just minutes from Downtown Winston-Salem.
The Long Branch Greenway Trail extension from the Innovation Quarter has been funded. The project will bring bike and pedestrian traffic near the property and is a targeted redevelopment effort on behalf of the city and state. This allows buyers to be on the front-end of the redevelopment efforts. Additionally, there is the potential to assemble several surrounding properties.
Please Contact the Listing Agent to schedule a time to visit the property. Tenants are operating active businesses and organizations on the property.
Access the Data Room or Contact the Listing Agent for the Financials.
The Long Branch Greenway Trail extension from the Innovation Quarter has been funded. The project will bring bike and pedestrian traffic near the property and is a targeted redevelopment effort on behalf of the city and state. This allows buyers to be on the front-end of the redevelopment efforts. Additionally, there is the potential to assemble several surrounding properties.
Please Contact the Listing Agent to schedule a time to visit the property. Tenants are operating active businesses and organizations on the property.
Access the Data Room or Contact the Listing Agent for the Financials.
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,117 SF
Building Class
C
Year Built
1954
Price
$695,000
Price Per SF
$169
Cap Rate
7.06%
NOI
$49,056
Percent Leased
100%
Building Height
1 Story
Zoning
GB
Frontage
Amenities
- Corner Lot
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- AH Fiwi Your Carribean Experience
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Jan 0000
- Mission on the Move Outreach Church
- -
-
99,999 SF
-
$9.99
-
Jan 0000
- Sassy Styles
- Services
-
99,999 SF
-
$9.99
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| AH Fiwi Your Carribean Experience | Accommodation and Food Services | 99,999 SF | $9.99 | Jan 0000 | ||
| Mission on the Move Outreach Church | - | 99,999 SF | $9.99 | Jan 0000 | ||
| Sassy Styles | Services | 99,999 SF | $9.99 | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 6836-55-6593 | Improvements Assessment | $151,100 |
| Land Assessment | $30,500 | Total Assessment | $181,600 |
PROPERTY TAXES
Parcel Number
6836-55-6593
Land Assessment
$30,500
Improvements Assessment
$151,100
Total Assessment
$181,600
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25th & Liberty Buildings | 844 Twenty-Fifth St
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