916 Patterson AveWinston-Salem, NC 27101

Property Details for 916 Patterson Ave

Year built

1958

Lot size

2.31 AC

Property size (Sq ft)

80,046 SF

Zone code

GB

Property type

Warehouses

Property subtype

Self storage facilities

APN

6835-39-4802.00

APU

683539480200

Description

This exceptional 80,046-square-foot warehouse presents a unique investment opportunity in Winston-Salem, North Carolina. Situated on a 2.31-acre lot at 916 N. Patterson Avenue, this single-tenant property boasts a prime location at the corner of N. Patterson Avenue and Liberty Street, just one block from the MLK Jr. corridor, offering excellent access to US-52/US-421. The building features a single story, with 10 dock-high doors and 6 drive-in doors, providing ample loading and unloading capabilities. On-site parking accommodates 30 vehicles. The property is zoned GB and its Forsyth County APN is 6835-39-4802. Currently fully vacant, this warehouse offers significant potential for a variety of industrial uses. A key advantage is its location directly across the street from an approved and permitted 270-unit multi-family development with a parking deck, promising increased foot traffic and potential synergy. This rare opportunity combines a substantial warehouse space with an exceptional location and promising future development in its immediate vicinity. The property's size, accessibility, and strategic placement make it an ideal choice for businesses seeking a prominent presence in a rapidly growing area of Winston-Salem.

• Alternative Use

  Use

  Valuation

  Residential

  $48,716,044

  Hospitality

  $44,623,636

  Educational

  $37,126,340

  Medical

  $38,403,172

  Retail

  $57,752,084

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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