740 Chatham Rd
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740 Chatham Rd
10,440 SF Vacant Flex Building Winston-Salem, NC 27101 $1,250,000 ($120/SF)
Investment Highlights
- Spanning 1.96 acres, zoned for General Industrial use, providing versatility for various development options.
- Strong potential for business operations or as a strategic investment property.
- Features a 10,440-square-foot block construction building with a brick front façade for added curb appeal.
- Ready for immediate occupancy or redevelopment.
- Proximity to 73,751 people and 32,726 households within a 3-mile radius.
- Includes office space, a distribution area, and a truck-level loading dock.
Executive Summary
Prime Commercial Opportunity in Downtown Winston-Salem
Explore this exceptional commercial property nestled in a vibrant area just blocks from Downtown Winston-Salem. Spanning 1.96 acres and zoned for General Industrial use, this versatile property offers numerous expansion and development opportunities, rare in such close proximity to downtown.
The 10,440-square-foot facility features sturdy block construction and an attractive brick front façade, combining functionality with aesthetic appeal. Its current layout includes office space, a distribution area, and a convenient truck-level loading dock. Ample outdoor parking and rear space provide flexibility for outdoor storage or future expansion.
Take advantage of potential additional revenue streams by utilizing the back area for boat, RV, and equipment storage. This property is move-in ready and presents exciting possibilities for conversion into a self-storage facility, residential units, or light industrial applications.
Benefit from its strategic location, adaptable layout, and proximity to a substantial local population of 73,751 people and 32,726 households within a 3-mile radius. Whether for business operations or investment opportunities, this property is perfectly positioned to fulfill a variety of needs.
Don’t miss your chance to tap into this expansive customer base within immediate reach. Schedule your viewing today to explore the full potential of this prime commercial property in Downtown Winston-Salem.
Explore this exceptional commercial property nestled in a vibrant area just blocks from Downtown Winston-Salem. Spanning 1.96 acres and zoned for General Industrial use, this versatile property offers numerous expansion and development opportunities, rare in such close proximity to downtown.
The 10,440-square-foot facility features sturdy block construction and an attractive brick front façade, combining functionality with aesthetic appeal. Its current layout includes office space, a distribution area, and a convenient truck-level loading dock. Ample outdoor parking and rear space provide flexibility for outdoor storage or future expansion.
Take advantage of potential additional revenue streams by utilizing the back area for boat, RV, and equipment storage. This property is move-in ready and presents exciting possibilities for conversion into a self-storage facility, residential units, or light industrial applications.
Benefit from its strategic location, adaptable layout, and proximity to a substantial local population of 73,751 people and 32,726 households within a 3-mile radius. Whether for business operations or investment opportunities, this property is perfectly positioned to fulfill a variety of needs.
Don’t miss your chance to tap into this expansive customer base within immediate reach. Schedule your viewing today to explore the full potential of this prime commercial property in Downtown Winston-Salem.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,250,000 | Rentable Building Area | 10,440 SF |
| Price Per SF | $120 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1967 |
| Property Type | Flex | Parking Ratio | 4.79/1,000 SF |
| Building Class | C | Clear Ceiling Height | 13’ |
| Lot Size | 1.96 AC | Opportunity Zone |
Yes
|
| Price | $1,250,000 |
| Price Per SF | $120 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.96 AC |
| Rentable Building Area | 10,440 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 4.79/1,000 SF |
| Clear Ceiling Height | 13’ |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
6,055 square-feet of flex space available immediately.
Total building for lease at $5.00 per sq ft per year plus utilities. Truck level loading dock. 4372 sq ft storage, industrial $6.00. 6055 sq ft with office storage, light mgf & distribution $7.00.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,055 SF | Flex | Full Build-Out | Now |
| 1st Fl - 2 | 4,385 SF | Flex | - | Now |
1st Floor
| Size |
| 6,055 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 2
| Size |
| 4,385 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
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STREET VIEW
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1st Floor
| Size | 6,055 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
6,055 square-feet of flex space available immediately.
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl - 2
| Size | 4,385 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
Total building for lease at $5.00 per sq ft per year plus utilities. Truck level loading dock. 4372 sq ft storage, industrial $6.00. 6055 sq ft with office storage, light mgf & distribution $7.00.
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PROPERTY TAXES
| Parcel Number | 6825-98-6846 | Improvements Assessment | $93,700 (2023) |
| Land Assessment | $165,200 (2023) | Total Assessment | $258,900 (2023) |
PROPERTY TAXES
Parcel Number
6825-98-6846
Land Assessment
$165,200 (2023)
Improvements Assessment
$93,700 (2023)
Total Assessment
$258,900 (2023)
zoning
| Zoning Code | RSQ HO GI (Almost anything(legal) you want to do. Lease entire 10,444 Sq FT $5.00 per SQ FT per Year plus utilities. Floor & Suite Space Avai Bldg Co) |
| RSQ HO GI (Almost anything(legal) you want to do. Lease entire 10,444 Sq FT $5.00 per SQ FT per Year plus utilities. Floor & Suite Space Avai Bldg Co) |
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3D TOUR
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STREET VIEW
STREET
MAP
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Presented by
W Sanders Mosely
740 Chatham Rd
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