801 Trade StWinston-Salem, NC 27101

  • Office properties
  • 6,766 SF
For Lease
$16/SF/YR View listing

Property Details for 801 Trade St

Year built
1930
Construction
WOOD
Lot size
0.11 AC
Property size (Sq ft)
6,766 SF
Zone code
E
Property type
Office properties
APN
6835-19-8023.00
APU
683519802300

Description

This exceptional 3,000 square foot ground floor office space is ideally situated in the heart of downtown Winston-Salem, North Carolina, at 801 Trade Street NW, zip code 27101. Built in 1930, this single-tenant property boasts a versatile layout suitable for traditional, executive, or creative office uses, as reflected in its E: Entertainment zoning. The space is currently configured with four private offices, a dedicated conference room, and a convenient kitchen, making it move-in ready. The sublease opportunity extends until August 14, 2028, offering a significant timeframe for your business. Enjoy the benefits of a prime location directly across from Fiddlin' Fish and Broad Branch Distillery, ensuring high visibility and convenient access to local amenities. The property's excellent accessibility is further enhanced by its proximity to University Parkway and Highway 52. Eight parking spaces are included, eliminating the hassle of finding parking in a busy downtown area. The building offers excellent outdoor amenities, adding to the overall appeal of this exceptional office space. This is a rare opportunity to secure a well-appointed, conveniently located office in a vibrant downtown setting. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $742,310
    6.5%
    $685,209
    7%
    $636,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $858,828
    Geo Method
    $1,145,754
  • Alternative Use

    Use
    Valuation
    Residential
    $849,659
    Hospitality
    $778,283
    Educational
    $647,522
    Medical
    $669,792
    Retail
    $1,007,257

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.1039
Longitude
-80.2463
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
$6,959
$38,500
$427,700
$466,200
-
$38,500
$427,700
$466,200

FAQs

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