1164-1168 Burke Street
1168 Burke Street Winston-Salem NC 27101
- Price$624,800
- Acres0.15
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. Current NOI of $47,176 and a CAP rate of 7.55%. New roof and new HVAC.
Broker:
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Nick Gonzalez, CCIM Email
Details
Property Information
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Property Type
Investment
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Building SF
4,200
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Year Built
1920
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Acres
0.15
Tax Information
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Zoning
PB
Pricing & Terms
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Price
$624,800
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Proforma NOI
$47,176
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Cap Rate (Proforma)
7.55%
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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. Current NOI of $47,176 and a CAP rate of 7.55%. New roof and new HVAC.