310 3 St Winston-Salem, NC 27101

This exceptional 33,000-square-foot mixed-use building, located at 310 East Third Street in Winston-Salem, NC, presents a unique investment opportunity. Originally constructed in 1893 and extensively renovated in 2021, this five-story building boasts a rich history and prime location within the Innovation Quarter, a thriving hub of research, technology, and education. The property, listed on the National Historic Register, qualifies for significant historic tax credits, including a 50% property tax reduction. Its versatile layout, featuring open floor plans ranging from 2,500 to 5,000 square feet per floor, is suitable for a variety of uses, including office, retail, restaurant, event space, or multifamily residential. The 0.54-acre lot provides ample on-site parking with 42 surface spaces. Its strategic location borders the Winston-Salem Greenway, enhancing its appeal and accessibility. The building's advantageous positioning within an Opportunity Zone further enhances its investment potential. The Innovation Quarter, a 2.1-million-square-foot development, is home to over 170 companies, five academic institutions, and thousands of workers and students, ensuring a vibrant and growing surrounding community. This property offers a blend of historic character and modern functionality, making it an ideal investment for owner-users or developers seeking a unique and high-potential asset in a rapidly expanding urban core. The asking price is $4,400,000. The property's APN is 6835-36-6857 and is zoned CI- Commercial Intensive.