Retail Investment | Downtown Winston-Salem
Located in the heart of downtown Winston-Salem, 633 N Liberty Street presents a unique investment opportunity with seller lease-back structure, offering immediate income while maintaining flexibility for a variety of deal structures. The current ownership is open to remaining in place as a tenant, creating an opportunity for investors to establish day-one cash flow. At the same time, terms are flexible, allowing a buyer to negotiate lease structure, occupancy, or future repositioning based on their investment strategy.
The property consists of ±42,234 square feet on ±0.52 acres and features three stories of renovated commercial space. Recent upgrades have enhanced the building while preserving versatility, supporting a range of uses including retail, office, or future multi-tenant conversion. Positioned just blocks from the Wake Forest Innovation Quarter, the property benefits from strong visibility, walkability, and proximity to Winston-Salem’s growing mix of retail, dining, residential, and employment hubs.
Surrounded by continued redevelopment and investment, 633 N Liberty Street offers a rare opportunity to acquire a well-located asset with flexible deal structure, potential in-place income, and long-term upside in one of Winston-Salem’s most active growth corridors.
- Basement:
- Finished
- Country:
- US
- State:
- NC
- County:
- Forsyth
- City:
- Winston Salem
- Zipcode:
- 27101
- Street:
- Liberty
- Street Number:
- 633
- Street Suffix:
- Street
- Longitude:
- W81° 45' 17.6''
- Latitude:
- N36° 6' 9.5''
- Directions:
- From Charlotte, take I-85 North toward Greensboro. Near Lexington, merge onto US-52 North toward Winston-Salem. Continue on US-52 North and take Exit 110B for Martin Luther King Jr. Drive. Follow Martin Luther King Jr. Drive into downtown Winston-Salem, then turn onto Liberty Street. 633 N Liberty St will be located near the downtown business district, convenient to restaurants, offices, and the Innovation Quarter area. The drive is typically around 1 hour and 20 minutes to 1 hour and 40 minutes depending on traffic conditions.
- Street Dir Prefix:
- N
- Office Name:
- Century 21 Providence Realty
- Agent Name:
- Pat Flanagan
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- List Agent Mls Id:
- R44792
- List Office Mls Id:
- 299103
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-18T12:34:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- Subject to Lease
- Status Change Timestamp:
- 2026-05-18T12:27:48Z
Commercial Sale For Sale
633 N Liberty Street, Winston Salem, North Carolina 27101
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4382968
- Price :
- $11,000,000
- Year Built :
- 1926
- Status :
- Active
- Property Sub Type :
- Retail
