Downtown Winston Salem, NC

Fix and Flip AirBnB

Downtown Winston Salem 001

The clients acquired this property as part of a portfolio deal. This property was originally used as a spa and is in the commercial zoning area for downtown Winston Salem, NC. This specific zoning area also allows residential use, so after confirming everything with the zoning department the client decided to put in an offer to acquire this property so they could convert it into a swanky city style short-term rental (AirBnB).

This property was originally built in 1913 so it still has a ton of character including original brick. It was parceled out and made into a luxury condo right before the market crashed in 2006. Unfortunately, the condo never sold and sat vacant until the most previous owner acquired it to run her spa business out of, but the general renovations the client had to do were primarily cosmetic since most of the conversion was already done.

Check out this before and after video for this property:

@wayfinderhomesllc We are listing one of our buildings in downtown Winston Salem, NC address is 705-1 N Main St., Winston Salem, NC 27101 that has recently been used as a part-time STR. Asking price is $525,000 but we will consider all offers. The property is currently a 2 bed/2.5 bath home that can be sold fully furnished and can continue to operate as a STR, or live there as your primary residence, or convert it back to commercial use. The zoning is PB with a ton of approved uses. Here is a link to the listing. We also own 707 N Main St., Winston Salem, NC and would consider selling this as part of a package deal. I am also the listing agent so please reach out if you have interest. https://search.wayfinderhomesllc.co/search/detail/168289395 #winstonsalem#winstonsalemnc#winstonsalemrealestate#comingsoon#shorttermrental#shorttermrentals#airbnb#vacationrental#vrbo#airbnbhomes#uniquehomes#oldhollywood#oldhollywoodglamour#classichollywood#oldhollywoodglam#goldenageofhollywood#vintagehollywood#artdeco#artdecostyle#citylife#dtws#dtwsnc#camelcity#wsnc#realestateinvestor#staycation#airbnboftheday#airbnbdecor#airbnbfun#airbnbhome♬ Where Have You Been x The Hills - DJ L BEATS

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