Linville | Team Partners
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123 Fayette Street

123 Fayette Street Winston-Salem NC 27101

  • Price
    $1,144,000
  • Acres
    0.38

Mixed-use investment opportunity located just off Burke Street and Peters Creek Parkway, within walking distance of downtown Winston-Salem. This ±9,680 SF, 10 unit, retail, office, and professional services building is offered at a 7.25% CAP. Historically low vacancy rate, upside potential, and ample parking make this an attractive investment in the heart of Winston-Salem. Surrounded by brand new apartments.

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Details

Property Information

  • Property Type
    Investment
  • Building SF
    9,680
  • Year Built
    1971
  • Acres
    0.38
  • Total Units
    10

Pricing & Terms

  • Price
    $1,144,000
  • NOI
    $82,989
  • Cap Rate (Actual)
    7.25%
  • Comments
    Mixed-use investment opportunity located just off Burke Street and Peters Creek Parkway, within walking distance of downtown Winston-Salem. This ±9,680 SF, 10 unit, retail, office, and professional services building is offered at a 7.25% CAP. Historically low vacancy rate, upside potential, and ample parking make this an attractive investment in the heart of Winston-Salem. Surrounded by brand new apartments.

Property Documents

Aerial Map