For Lease
$27-$29.50 /SF/YR

450 Patterson Ave Winston-Salem, NC 27101

Modern Winston-Salem office spaces available.

Overview

Added:
Dec 11, 2024
Days on market:
137
Bailey South, located at 450 N Patterson Ave, Winston-Salem, NC 27101, offers exceptional office space in a vibrant mixed-use development. This Class A building, totaling 75,000 square feet, underwent renovations in 2020 and features a unique blend of historic charm and modern design. The property comprises one five-story building with elevators, offering multiple tenancy options. Available spaces range from 3,320 to 8,700 square feet, with a minimum divisible space of 2,586 square feet. The building's innovative design incorporates expansive outdoor spaces, seamlessly connecting with the surrounding live-work-play community. A key feature is the second-floor retail and office entrance, conveniently accessed via a historic elevated railroad trestle directly from 4th Street, a bustling pedestrian and vehicular thoroughfare in downtown Winston-Salem. Bailey South is strategically positioned within the expanding Wake Forest Innovation Quarter, contributing significantly to the revitalization of the downtown Winston-Salem area. The property's blend of historic architecture and modern amenities makes it an ideal location for businesses seeking a unique and dynamic workspace. The building's design incorporates elements of a 10,000 square foot historic power plant, adding to its distinctive character.

Highlights

  • 75,000 square foot building, Phase 2 of the former RJR Tobacco power plant redevelopment.
  • Located in the heart of the Innovation Quarter.
  • Includes access to all Innovation Quarter amenities.
  • Features vibrant outdoor common areas.

Property Details for 450 Patterson Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
75,000 SF
Class
A
Year Renovated
2020
Buildings
1
Stories
5

Unit(s) available at that property

Space
First Floor Retail/Restaurant
Size
3,950 SF
Rate per SF
$29.50
Space
Second Floor Retail/Office
Size
2,586 SF
Rate per SF
$27
Space
Fourth Floor Office
Size
4,046 SF
Rate per SF
$27

Location Insight

City
Winston-Salem
County
Forsyth
State
North Carolina
Latitude
36.0993239
Longitude
-80.2414107

FAQs

What type of property is this?
Retail property - Modern Winston-Salem office spaces available.
Where is the retail property located?
The property is located at 450 Patterson Ave Winston-Salem, NC.
What is the lease rate?
The lease rate is $27-$29.50 /SF/YR.
What are key features of this property?
This property features: 75,000 square foot building, Phase 2 of the former RJR Tobacco power plant redevelopment.; Located in the heart of the Innovation Quarter.; Includes access to all Innovation Quarter amenities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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450 Patterson Ave
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