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24176132
24176137

310 E Third St, Winston-Salem, NC 27101

NAI Piedmont Triad
NAI Piedmont Triad
Listed by NAI Piedmont Triad
$3,900,000
349 days on market
Updated 44 days ago
Opportunity zone

310 E Third St

Details
Property Type Retail, Office (+1)
Sub Type Executive Office, Commercial
Square Footage 31,814
Year Built 1893
Year Renovated 1953
Stories 3
Acreage 0.540
Parking Spaces 56 spaces
Parking Per SqFt 1.76

S.J. NISSEN "WAGON WORKS" BLDG | 31,814 SFS

Marketing description

The S.J. Nissen Wagon Works Building, located at 310 E Third Street in the heart of Downtown Winston-Salem, NC, is a thoughtfully restored mixed-use property encompassing approximately 32,000 square feet. This historic structure is well-suited for a range of uses, including office space, apartments, retail, dining, and event space.

Originally constructed in 1893 to serve as a wagon manufacturing and repair facility supporting the region’s tobacco industry, the building later underwent additions in the 1950s and 1980s. The five-story original structure features largely open floorplates ranging from 3,500 to 5,000 square feet, while the attached three-story addition offers floorplates of about 2,500 square feet each, with layouts that include both open and segmented office areas. The 0.54-acre site includes 42 surface parking spaces and sits adjacent to both the Winston-Salem Greenway and the Wake Forest Innovation Quarter. Over the years, the building has been carefully upgraded to preserve its architectural character while meeting modern standards. It is designated as both a national and local historic landmark, offering potential eligibility for preservation-related tax benefits and is located within an Opportunity Zone.

Just steps away lies the 330-acre Innovation Quarter, North Carolina’s largest adaptive reuse project. This dynamic district comprises over 2.1 million square feet of space dedicated to office, laboratory, academic, and community functions. With more than $841 million invested to date, the Innovation Quarter hosts over 170 companies, five institutions of higher learning, 3,700 employees, and nearly 10,000 students and workforce development participants. The second phase of the Innovation Quarter Master Plan, introduced in 2021, is expected to contribute another 1 million square feet of clinical, lab, and office space. Strategically positioned between the current and future phases, the S.J. Nissen Building offers unmatched access to one of the region’s most vibrant hubs for innovation and growth.

Investment highlights

This popular landmark is on both the National and Local historic registries, nestled between Phases 1 and 2 of the Innovation Quarter, and adjacent to Bailey Park and Long Branch Trail. Perfect for much-needed Boutique Hotel/Spa, Event Space, Social Club concept, Patio Bar/Restaurant/Retail, etc.

--Levels: 5
--Parking spaces: 42 (gated)
--Potential for rooftop patio area on top level
--Construction date: 1893/1953
--Building size: +/- 31,814 sf
--Lot size: +/- .54 acres
--Prime location in an Opportunity Zone

Listing Contacts

NAI Piedmont Triad
NAI Piedmont Triad
Listed by NAI Piedmont Triad

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Additional Information

Name
Elijah Knight
License
34840
Brokerage
Nai Piedmont Triad
Title
Commercial Real Estate Broker
Brokerage Address
250 West 1st Street
Name
Will Blackwell
License
137286
Brokerage
Will Blackwell of NAIPT
Brokerage Phone
3363451500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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