Industrial Properties
620 North Patterson Avenue WinstonSalem, NC 27101
Details & Description
Price: $3,250,000
    Rare redevelopment opportunity in Downtown Winston-Salem. Opportunity to purchase 1.77 acres and improvements in the heart of Winston-Salem and the Wake Forest Innovation Quarter. Sale includes the Goler Family Enrichment Center, a ±16,906SF 2007-built two-story multi-purpose building, easily convertible to office . Originally designed for assembly use with classrooms, a large gathering area, and a commercial kitchen. The sale also includes the adjacent Goler Memorial Church sanctuary (Register of Historic Places) a ±11,600sf building in need of updating and/or repurposing. Currently conveys with 38 parking spots, with the ability to add more on the excess land.
    Additional Photos
    Listing Agents
    Nick Gonzalez

    O: 336-724-1715
    nick@ltpcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    620 North Patterson Avenue

    WinstonSalem, NC 27101

    Listing ID: 214869
    • 620 North Patterson Avenue WinstonSalem, NC 27101 | for Sale | Photo 1
    • 620 North Patterson Avenue WinstonSalem, NC 27101 | for Sale | Photo 2
    • 620 North Patterson Avenue WinstonSalem, NC 27101 | for Sale | Photo 3
    • 620 North Patterson Avenue WinstonSalem, NC 27101 | for Sale | Photo 4
    620 North Patterson Avenue | for Sale | Thumbnail 1
    620 North Patterson Avenue | for Sale | Thumbnail 2
    620 North Patterson Avenue | for Sale | Thumbnail 3
    620 North Patterson Avenue | for Sale | Thumbnail 4
    Building Size: 28,506 SF
    Lot Size: 1.770 AC
    Land Size: 77,101 SF
    Building $/SF: $114.01
    Land $/SF: $42.15
    Price
    $3,250,000
    Description

    Rare redevelopment opportunity in Downtown Winston-Salem. Opportunity to purchase 1.77 acres and improvements in the heart of Winston-Salem and the Wake Forest Innovation Quarter. Sale includes the Goler Family Enrichment Center, a ±16,906SF 2007-built two-story multi-purpose building, easily convertible to office . Originally designed for assembly use with classrooms, a large gathering area, and a commercial kitchen. The sale also includes the adjacent Goler Memorial Church sanctuary (Register of Historic Places) a ±11,600sf building in need of updating and/or repurposing. Currently conveys with 38 parking spots, with the ability to add more on the excess land.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Winston Salem History of Industrial Properties for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    WinstonSalem Area Market Trends

    Listing Demographics for 620 North Patterson Avenue WinstonSalem, NC 27101

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,62968,779154,089
    Population Median Age353536
    Population by Age0-9 Yrs1474 (12%)9154 (13%)21059 (13%)
    10-19 Yrs1459 (12%)10996 (15%)22479 (14%)
    20-29 Yrs2555 (21%)12125 (17%)25853 (16%)
    30-39 Yrs1821 (15%)8754 (12%)19632 (12%)
    40-49 Yrs1138 (9%)7218 (10%)16836 (10%)
    50-59 Yrs1526 (13%)8382 (12%)18769 (12%)
    60-69 Yrs904 (7%)6435 (9%)15226 (9%)
    70+ Yrs753 (6%)5714 (8%)14235 (9%)
    Median HH Income$30,384$34,121$38,634
    Total Household Income< 24K2070 (43%)10251 (39%)20329 (33%)
    25-49K1048 (22%)6120 (23%)15853 (26%)
    50-74K807 (17%)3656 (14%)9463 (15%)
    75-99K163 (3%)1653 (6%)5161 (8%)
    100-199K483 (10%)2927 (11%)6513 (10%)
    200K+168 (3%)1428 (5%)2665 (4%)
    Highest Education LevelNo Diploma1110625313478
    Diploma or GED23811151825557
    Some College1442848120456
    Assoc. Degree40623536488
    Bachelors Degree1302742818090
    Higher Degree869621512704
    Total Housing Units5,77331,38569,823
    --Owner-Occupied89810,66328,071
    --Renter-Occupied3,84015,37331,913
    Owner-Occupied Values< 100K35839029727
    100-199K211296910605
    200-299K11014663319
    300-399K897061654
    400-499K89433844
    500K+4211871922
    Total Working Age Population9,62154,858121,584
    In Work Force4,90429,62869,746
    Not In Work Force4,71725,23051,839
    Workforce Employed4,40727,19164,836
    Workforce Unemployed4852,3754,707
    Civlian Workforce4,89229,56669,543
    Military Workforce1262203
    Total Households4,73826,03659,984
    Family Households1,81613,43832,687
    Non-Family Households2,92212,59827,297
    Married Couple7987,39319,480
    Other Family1,0186,04513,207
    Married w/Child2782,9467,499
    Single Male w/Child1056921,608
    Single Female w/Child4632,7815,960

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
    Forsyth County306,067+15350,670+9383,123+9418,257

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 620 North Patterson Avenue in WinstonSalem?
    The asking price for 620 North Patterson Avenue is $3,250,000
    What is the building size of this Industrial property in WinstonSalem, NC?
    The size of the building/unit at 620 North Patterson Avenue in WinstonSalem is 28,506 square feet
    How much land does the WinstonSalem, NC property at 620 North Patterson Avenue include?
    620 North Patterson Avenue in WinstonSalem includes 1.770 acres of land
    What kind of Industrial is the propery at 620 North Patterson Avenue?
    The property at 620 North Patterson Avenue WinstonSalem, NC 27101 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 620 North Patterson Avenue in WinstonSalem?
    The population within 1 mile of 620 North Patterson Avenue WinstonSalem, NC 27101 is 11,629 people.
    Who do I contact for questions about 620 North Patterson Avenue?
    You should contact the listing agent, Nick Gonzalez, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1118 Trade Street Northwest, WinstonSalem, NC $625,000 22600 1.1
    1007 Marshall Street Southwest, WinstonSalem, NC $1,200,000 19947 1.2
    20 West 32nd Street, WinstonSalem, NC $995,000 13251 0.34
    95 West 32nd Street, WinstonSalem, NC $2,900,000 50000 3.31
    3810 Indiana Avenue, WinstonSalem, NC $875,000 23945 2.76
    3655 Reed Street, WinstonSalem, NC $3,600,000 66048 4.88
    3620 Reed Street, WinstonSalem, NC $1,575,000 40000 3.01
    3420 Dillon Farm Road, WinstonSalem, NC $225,000 7414 2.28
    5709 Robin Wood Lane, WinstonSalem, NC $825,000 110776 4.74
    3811 Kimwell Drive, WinstonSalem, NC CALL 300000 10.25

    Closest Commercial Airports

    Airport Distance (mi)
    Piedmont Triad International Airport (GSO) 17
    Charlotte Douglas International Airport (CLT) 73
    Raleigh Durham International Airport (RDU) 83