5516 Winona St

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5516 Winona St

Winston-Salem, NC 27106
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

5516 Winona Street is located in the northern region of Winston-Salem, North Carolina, situated within a primarily residential and light commercial neighborhood. The property sits near the intersection of North Liberty Street and Akron Drive, providing direct access to major local thoroughfares and proximity to Smith Reynolds Airport. The surrounding area features a mix of established local businesses, neighborhood parks, and residential subdivisions. Public transportation is accessible via the Winston-Salem Transit Authority bus routes servicing the nearby corridors. The property’s layout and location make it suitable for neighborhood-oriented retail operations. Ideal use cases include small-scale grocery stores, specialty boutiques, or personal service providers such as salons and repair shops. Typical tenants for this asset profile include local entrepreneurs or regional retailers seeking a community-integrated footprint with visibility to local commuter traffic. The flexible retail space caters to businesses requiring a functional street-front presence within a stable residential catchment area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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