ENTITLED, PERMIT-READY QOZ PROJECT READY TO BUILD! This site has been rezoned to GB-L with architectural, build-ready plans (civil engineering as well) to construct a building with 71 apartments and 68 parking spots. This unit mix offers 47 (~780 SF) one bedrooms and 24 (~1,100 SF) two-bedroom units. The lengthy, tedious variance process has already been completed! This is a prime development site in the West End right in the heart of the West End Millworks District that has The Porch Cantina, Bridge St Collective Co-Working Space, Hoots Beer Co, Dabble Art Bar, Bar Nola and more! Creating this multi-family building will solidify this an advantageous multi-family development. The 1010 Northwest Development will be the much needed residential component of an already thriving retail corridor. An existing 15,500 SF warehouse sits on the site currently. Details available upon request.
Value-Add Opportunity in Historic West End Neighborhood! This fully occupied Quadplex does not come along often in West End. The property consists of four spacious 1BR/1BTH that are very clean with solid bones throughout. Majority of the mechanicals have been upgraded and the property offers on-site parking in the rear with a carport. The property is metered for gas and electric individually. It is situated off the corner of Northwest Blvd and Hawthorne Rd providing direct walking access to all the major amenities West End has to offer: Hanes Park, West End Millworks, The Porch, Cin-Cin Burger Bar, and so much more. This is a great investment opportunity for someone looking for the opportunity to own in a great neighborhood with long-term upside and tons of ammentities. Rent Roll available upon request. Showing available upon written LOI. These listings don’t come up often so don’t wait!
The median home value in Winston Salem, NC is $285,000. The national median home value is $338,100. The average price of homes sold in Winston Salem, NC is $285,000. Winston Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Winston Salem real estate agent to arrange a tour today!