511 Shepherd StWinston-Salem, NC 27103

Property Details for 511 Shepherd St

Lot size

0.44 AC

Zone code

GO

Property type

Commercial real estate

APN

6815-51-4966.00

APU

681551496600

Description

This exceptional Winston-Salem, NC property at 511 Shepherd Street offers two vacant, move-in ready office suites for sale. The building, situated on a 0.44-acre lot, features a total of two stories and is zoned GO. Suite 201, encompassing approximately 1,490 square feet, is a well-designed space ideal for owner-occupancy or investment. This suite boasts a lobby, seven offices (one suitable for a conference room), and a small break room. Ample surface parking is available. Suite 203, recently renovated, offers approximately 2,011 square feet of modern office space. This suite features updated flooring, neutral paint, a lobby, open workspace, eight offices, two conference rooms, and a break room. Both suites benefit from a highly convenient location, easily accessible from Silas Creek Parkway, Salem Parkway, and Stratford Road, placing them near HanesTowne Village. The asking price for Suite 201 is $156,000. This presents a fantastic opportunity for businesses seeking a well-maintained, functional space in a desirable location. The property's multi-tenancy potential makes it an attractive investment opportunity for those seeking a low-maintenance income stream. The building's strategic location ensures easy access to major thoroughfares, enhancing its appeal to a wide range of potential tenants.

• Alternative Use

  Use

  Valuation

  Residential

  $2,406,823

  Hospitality

  $2,204,637

  Educational

  $1,834,232

  Medical

  $1,897,314

  Retail

  $2,853,250

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Latitude

36.0839

Longitude

-80.3014

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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