Winston-Salem, North Carolina, offers a unique opportunity to invest in Specialty Properties, with 5 listings available for sale. As a hub for industries like textiles, tobacco, nanotech, high-tech, biotech, and medical research, Winston-Salem provides a diverse economic landscape that supports a range of businesses and investments. Specialty Properties, in particular, offer a unique investment opportunity, representing a diverse range of properties that cater to specific needs and uses. From educational institutions to healthcare facilities, these properties play a crucial role in supporting the local community. Winston-Salem's strategic location, with easy access to major thoroughfares like US 52, US 421, and I-74, makes it an attractive location for businesses and investors alike. The city's amenities, including the Truist Stadium, Wake Forest University's Truist Field, and the Winston-Salem Fairgrounds Arena, also contribute to its appeal. With its rich history, diverse economy, and convenient location, Winston-Salem is an ideal place to invest in Specialty Properties.
Winston-Salem's Specialty Properties offer a unique blend of characteristics that make them an attractive investment opportunity. With an average price per square foot of $214 USD and an average size of 7,737 square feet, these properties provide a range of options for investors. The largest Specialty Property available is 19,700 square feet, offering ample space for businesses and organizations. In addition to Specialty Properties, Winston-Salem also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses. The city's Shopping Centers, like Hanes Mall, offer a range of retail options, while its Land properties provide opportunities for development and growth. Office Properties, like those found in the Wake Forest Innovation Quarter, support the city's growing industries, and Warehouses, like those used by companies like HanesBrands, Inc., provide essential storage and logistics facilities. With its diverse range of property types and strong economy, Winston-Salem is an attractive location for investors and businesses alike.
What financing options are available for specialty property purchases?
When it comes to financing specialty property purchases in Winston-Salem, buyers have various options to consider. For instance, commercial real estate loans, such as those discussed in our article at CRE loans, can provide the necessary funding for acquiring unique properties like churches, restaurants, or gas stations, which are currently available in the city with 5 listings, averaging $214 USD per square foot, and ranging in size from 7,737 square feet to 19,700 square feet, with an average cap rate of.
