Linville | Team Partners
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1168 Burke Street

1168 Burke Street Winston-Salem NC 27101

  • Price
    $665,000
  • Acres
    0.15

Linville Team Partners is pleased to offer a retail/office investment opportunity to purchase 1168 Burke Street in downtown Winston-Salem, North Carolina. This ±4,200 SF highly visible retail property is amidst many new businesses along Burke Street and located near 229-unit West End Station apartments and upcoming high-end 300-unit Easley apartments. With current NOI of $47,092 and a CAP rate of 7.10%, this opportunity won’t last long. New roof and new HVAC.

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Details

Property Information

  • Property Type
    Investment
  • Building SF
    4,200
  • Year Built
    1920
  • Acres
    0.15

Tax Information

  • Zoning
    PB

Pricing & Terms

  • Price
    $665,000
  • NOI
    $47,092
  • Cap Rate (Actual)
    7.10%
  • Comments
    Linville Team Partners is pleased to offer a retail/office investment opportunity to purchase 1168 Burke Street in downtown Winston-Salem, North Carolina. This ±4,200 SF highly visible retail property is amidst many new businesses along Burke Street and located near 229-unit West End Station apartments and upcoming high-end 300-unit Easley apartments. With current NOI of $47,092 and a CAP rate of 7.10%, this opportunity won’t last long. New roof and new HVAC.

Property Documents

Aerial Map