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100 Fayette St - NOV 12 Sale! LOTS across from Trusit Stadium
0.28 Acres of Commercial Land in Winston-Salem, NC 27101
Investment Highlights
- AUCTION: Sold to the Highest Bidder Regardless of Price
- (2) Infill Lots totaling .28 acres in Popular West End Area of Winston-Salem
- Seller Financing Available
- Online Only Ending on November 12th at 3PM
- Across from Truist Stadium and Modern Apartment Complexes
Executive Summary
Address: Located at the Corner of Fayette St. NW and W. First St. at 0 Fayette Street NW, Winston-Salem, NC 27101. For GPS Purposes, 114 Fayette St. NW, Winston-Salem, NC 27101 is the adjoining parcel to the north of these lots.
Auction Information: The (2) Adjoining Lots will be Sold to the Highest Bidder Regardless of Price. Online Only Bidding will begin on
Tuesday, November 5th, 2024, at 3:00 P.M. and begin ending on Tuesday, November 12, 2024, at 3:00 P.M. Bidders control if the lots are sold individually or combined through Multi-Par bidding format.
On-Site Property Inspections: The Lots are undeveloped. Prospective bidders are free to visit them at their own leisure and liability.
Seller Financing: Seller financing will be available to the prevailing purchase with a 30% down payment. Additional terms apply. For more information visit our company website.
Terms of Sale:
• The property will be Sold to the Highest Bidder Regardless of Price
• 10% Buyer Premium added to the High Bid Price to make a Total Purchase Price paid by the buyer at closing.
• The Earnest Money requirement of 20% of Total Purchase Price by wire transfer payable to IRON HORSE AUCTION CO., INC. ESCROW ACCOUNT within 24 hours after the end of the auction.
• Closing Deadline: December 18, 2024
• All bids are Auto Extended 5-Minutes with each new bid within five minutes of ending.
• For complete Terms of Sale, please refer to the Specimen Purchase Agreement to be included in the document section of this webpage.
AUCTION MANAGER:
Jason Dolph, CCIM, AARE
NC Real Estate Broker 216777 & Auctioneer 7839
Iron Horse Auction Company, Inc.
www.IronHorseAuction.com
704-502-0388 Direct Line
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.28 AC |
| Property Type | Land | Cross Streets | West First St. |
| Property Subtype | Commercial |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.28 AC |
| Cross Streets | West First St. |
1 Lot Available
Lot
| Lot Size | 0.28 AC |
| Lot Size | 0.28 AC |
Auction for (2) adjoining undeveloped lots totaling .28 Acres in West End across from Truist Stadium & Modern Apartment complexes. Zoned PB-S Pedestrian Business that accommodates office, retail, service, institutional, & high-density residential.
Description
Area Description: An ideal development opportunity west of downtown in West End, a haven for the city’s most admired local restaurants, breweries, shops and architecture. A superb placement at the intersection of Fayette St NW and W. First St., as the lots are diagonal from Trust Stadium, home of the Winston-Dalem Dash minor league baseball team. Surrounded by large modern apartment communities and established commercial. Just 200 ft from Peters Creek Parkway with wonderful visibility where it intersects at W. First Street. Just a quarter mile from Hwy 421, Exit 234A. Lot Description: The adjoining lots have a combined 130.3 ft of frontage along Fayette St. NW and 125 ft of W. First Street frontage along Lot#1. The is metal fence-lined sidewalks along the south and east perimeters with cut-curb access to Lot #1 along W. First Street. The lots are mostly cleared except for overgrowth along portions of the lot boundaries. Topography map is available via GIS and included in the document section of this website.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $842 CAD | |
| Land Assessment | $190,226 CAD | Total Assessment | $191,068 CAD |
PROPERTY TAXES
zoning
| Zoning Code | PB-S (PB-S Pedestrian Business, primarily intended to accommodate office, retail, service, institutional, and high-density residential.) |
| PB-S (PB-S Pedestrian Business, primarily intended to accommodate office, retail, service, institutional, and high-density residential.) |
-
Josh Chaney -
Iron Horse Commercial
Presented by
100 Fayette St - NOV 12 Sale! LOTS across from Trusit Stadium
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