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Description
A rare opportunity presents itself with the outstanding Multi Family Property for Sale at Buildings 21 & 23. Within the historic Chatham Mill Campus at 850 & 890 Chatham Rd in Winston-Salem, NC. Property is 63,595 +/- square feet on a spacious 1.02 acres, this is a shovel-ready opportunity primed for renovation and redevelopment.
Positioned within an Opportunity Zone and historic designation, along with Brownfield status. The Multi Family Property For Sale offers a gateway to tax incentives. Its entitlement and zoning are secure, complemented by fully approved designs and comprehensive Construction Documents for 46 multifamily units.
Recent capital improvements, including a new roof installed in 2023, alongside meticulous site work and demolition, underscore the property’s readiness for the next phase of evolution. With the groundwork laid and designs finalized, developers can transition into the redevelopment phase.
Presented by W.F. Baldwin & Son Realtors Inc
Realtor Elvis Quinteros
