334 Waughtown St, Winston Salem, NC
Industrial for Sale - $549,000 - 9,945 Sq. Ft. on 0.39 acres
Property Info
| CIMLS# | 1039316 |
| Location 334 Waughtown St Winston Salem NC 27117 | |
| Updated | February 7th, 2020 |
| Type | Industrial |
| Price | $549,000 |
| Building | 9,945 Sq. Ft. |
| Land | 0.39 acres |
Property Description
Coldwell Banker Commercial Advantage and Scotty Beal are pleased to present this retail investment for sale at 334-338 Waughtown Street in Winston-Salem, North Carolina. This former furniture factory was built in 1925 and fully renovated in 2003, when 11 retail suites were created in the property. The roofs were replaced within the last ten years, and ample off-street parking is available. This is a tremendous value add opportunity with below market rents and long term tenants in place. Also in an Opportunity Zone. Boasting a CAP rate of just over 10%, this is a must see opportunity.
