AUCTION: Estate Directs Sale of the Historic Camel Pawn Building in Downtown Winston-Salem, NC. 16,464+/- Total SF Zoned for Retail, Office, Restaurant, Hotel, Multi-Family, & More. Sold to Highest Bidder Above Tax Value of $413,100. Eligible for Historic & Opportunity Zome Benefits. Property History & Reason for Sale: The building was constructed in 1912 and named as a contributing structure in the Downtown Winston-Salem Historic District. It successfully operated as the iconic Camel Pawn Shop at this location from 1961-2023. This property is eligible for Historic Property and Opportunity Zone tax benefits. The estate of the former owners has decided on this one-time-only sale, passing substantial savings and considerable opportunity on to new ownership. Area Description: Located in the heart of Downtown Winston-Salem, the building is located directly across the street from multi-level public parking and a Class A Office building. It neighbors the transit center and is within 1-2 city blocks from The Millennium Event Center, high-end hotels, restaurants, and shopping. Building Description: The property is a three-story (plus basement) masonry commercial building that was constructed in 1912. The building is constructed with a concrete foundation, wood subfloors, brick and concrete block exterior walls, and a rubber membrane roof covering. The front side of the second and third floors has been covered with a masonry exterior or cladding which covers the window units and façade on these two floors. Current ownership reports that the masonry exterior or cladding can be removed to open the windows and façade if desired by a future owner. Please visit our website for additional information including the complete terms of sale.
Unit #1 –
RETAIL, Gross Area: 16464, Half Baths: 2
Interior Features
Hardwood Flooring
Alarm System
Forced Air
Natural Gas Avail
Central A/C
Exterior Features
Masonry - Brick Construction
Masonry Siding
Rubber Roof
Flat Roof
Municipal Water
Municipal Sewer
Utilities
Handicap Features
Near Bus
Commercial Info
Historic Camel Pawn Building (Business Name)
Uses: CB-WO (Central Business - Winston Overlay District) features an array of permissible uses including but not limited to Retail, Office, Restaurant, Hotel, Multi-Family, and more.