435 End BlvdWinston-Salem, NC 27101

  • Retail space
  • 5,776 SF
For Lease
$15/SF/YR View listing

Property Details for 435 End Blvd

Year built
1955
Construction
STEEL FRAME
Lot size
0.19 AC
Property size (Sq ft)
5,776 SF
Zone code
PB
Property type
Retail space
APN
6825-78-7584.00
APU
682578758400

Description

This exceptional 5,776-square-foot commercial property, located at 435 West End Blvd. in Winston-Salem's vibrant West End neighborhood, presents a unique opportunity for a single tenant. Built in 1955, this two-story building sits on a 0.19-acre lot (APN 6825-78-7584, Forsyth County) and offers a flexible space suitable for retail or traditional/creative office use. The main level boasts a spacious showroom or retail area, perfect for showcasing products or services, complemented by three private offices and a restroom. The lower level, accessible via a drive-in door, provides ample storage space with high ceilings and plumbing already in place for a second restroom. Onsite parking is available both in the front and rear of the building, ensuring convenient access for customers and employees. Benefitting from excellent street visibility, this property is ideally situated in a rapidly growing area, adjacent to the downtown core. Nearby businesses include Boho Depot, Blowouts & Bubbles, Bellissma, and Louie & Honey's Kitchen, indicating a thriving and diverse commercial environment. The property is zoned PB. This standalone building offers a rare combination of space, location, and potential, making it an ideal investment for discerning businesses seeking a prominent presence in a dynamic and desirable neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $931,532
    6.5%
    $859,875
    7%
    $798,456
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,847,575
    Geo Method
    $2,464,832
  • Alternative Use

    Use
    Valuation
    Residential
    $725,337
    Hospitality
    $664,405
    Educational
    $552,777
    Medical
    $571,788
    Retail
    $859,875

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.1024
Longitude
-80.26
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,081
$113,900
$379,500
$493,400
-
$113,900
$379,500
$493,400

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