This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$11,000,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property Description
Retail Investment | Downtown Winston-Salem Located in the heart of downtown Winston-Salem, 633 N Liberty Street presents a unique investment opportunity with seller lease-back structure, offering immediate income while maintaining flexibility for a variety of deal structures. The current ownership is open to remaining in place as a tenant, creating an opportunity for investors to establish day-one cash flow. At the same time, terms are flexible, allowing a buyer to negotiate lease structure, occupancy, or future repositioning based on their investment strategy. The property consists of ±42,234 square feet on ±0.52 acres and features three stories of renovated commercial space. Recent upgrades have enhanced the building while preserving versatility, supporting a range of uses including retail, office, or future multi-tenant conversion. Positioned just blocks from the Wake Forest Innovation Quarter, the property benefits from strong visibility, walkability, and proximity to Winston-Salem's growing mix of retail, dining, residential, and employment hubs. Surrounded by continued redevelopment and investment, 633 N Liberty Street offers a rare opportunity to acquire a well-located asset with flexible deal structure, potential in-place income, and long-term upside in one of Winston-Salem's most active growth corridors.
Full Property Details
Full Property Details for 633 N Liberty St
General
- Price: $11,000,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4382968
- Updated: Today (5/18/2026)
- Added to Site: Today
Location
- County: Forsyth
- Driving Directions: From Charlotte, take I-85 North toward Greensboro. Near Lexington, merge onto US-52 North toward Winston-Salem. Continue on US-52 North and take Exit 110B for Martin Luther King Jr. Drive. Follow Martin Luther King Jr. Drive into downtown Winston-Salem, then turn onto Liberty Street. 633 N Liberty St will be located near the downtown business district, convenient to restaurants, offices, and the Innovation Quarter area. The drive is typically around 1 hour and 20 minutes to 1 hour and 40 minutes depending on traffic conditions.
- City Limits: Yes
Structural Information
- # Buildings: 1
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Finished
- Minimum Avail: 42,234 Sq. Ft.
- Year Built: 1926
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: Architectural Review, Historical
- Inclusions: Building, Other
- Property ID: 727340
- Lot Number: 3644/2419
Listed by Century 21 Providence Realty
Get Pre-Approved Today
Schools
Schools serving 633 N Liberty St
School District:Forsyth County Schools
| Name | Grades | Distance |
|---|---|---|
Brunson Elementary 155 N Hawthorne Road, Winston-Salem, NC 27104 | PK-5 | 1.2 mi |
Wiley Middle 1400 Northwest Boulevard, Winston-Salem, NC 27104 | 6-8 | 1.2 mi |
Reynolds High 301 N Hawthorne Road, Winston-Salem, NC 27104 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 633 N Liberty St
Date
Details
Price
Change
Source
5/18/2026
Listed
$11,000,000
376.19%
MLS
4/27/2018
Sold
$2,310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 633 N Liberty St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$54,353
—
$9,722,200
34%
2024
$54,353
4%
$7,282,000
100%
2023
$52,023
76%
-100%
2021
$29,615
-23%
$2,145,700
-61%
2022
$38,693
31%
$5,512,600
619%
2021
$29,615
161%
$766,700
—
2019
$11,354
—
$766,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 633 N Liberty St
633 N Liberty Street, Winston Salem, NC 27101 (MLS# 4382968) is a Commercial property. 633 N Liberty Street is currently listed for $11,000,000 and was received on May 18, 2026. Want to learn more about 633 N Liberty Street? Do you have questions about finding other Commercial real estate for sale in Reynolda? You can browse all Reynolda real estate or contact a Coldwell Banker agent to request more information.

