723 Coliseum Drive

723 Coliseum Drive

For Sale

723 Coliseum Dr, Winston Salem, NC 27106

This Winston Salem property for sale is located at 723 Coliseum Dr. The general use of 723 Coliseum Drive is office and it incorporates 19,220 square feet of class C office space. The current listed sale price for 723 Coliseum Drive is $990,000.

Contacts

broker
Katie Hayes

Linville Team Partners

broker
Nick Gonzalez

Linville Team Partners

Property Details

  • Property Type Office - General Office
  • Property Size 19,220 SF
  • # of Floors 2
  • Parking Spaces Avail. 68
  • Parking Ratio 3.54 / 1,000 SF
  • Building Class C
  • Year Built 1981
  • Year Renovated 2021
  • Date Updated Mar 24, 2025

Fantastic office property available on Coliseum Drive! With a total of ±19,220 SF spread over two floors, this property is fully leased and features multiple recent renovations to spaces and facilities, elevators, and ample on-site parking. There are four professional office tenants occupying the building with term remaining. The property is conveniently located just minutes from downtown Winston-Salem, Wake Forest University, and Buena Vista, Winston-Salem’s most affluent neighborhood. 9.04% CAP.

 

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Getting around

  • 39/100

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Location

  • City Winston Salem, NC
  • Neighborhood Old Town Country Club
  • Zip Code 27106
  • Market Winston Salem Greensboro

Points of Interest

  • Speedway

    0.24 miles

  • Exxon

    1.30 miles

  • Citgo

    1.33 miles

  • Shell

    1.71 miles

  • Liberty Street Citgo

    1.74 miles

  • Sheetz

    2.03 miles

  • BP

    2.17 miles

  • Tesla Supercharger

    9.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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Nearby Listings

723 Coliseum Drive, Winston Salem, NC 27106 - Office Space

723 Coliseum Drive is located at 723 Coliseum Dr in Winston Salem, NC 27106. The property was completed in 1981. This Winston Salem office investment incorporates a total of 19,220 SF of C office space across 2 floors.

Within the same neighborhood, there is a total of 1,127,730 SF of available office space across 188 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in Old Town Country Club is $19.26/SF/YR. At zip code level, leasing opportunities currently on the market include 15 office spaces that add up to a total of 127,561 SF. Office building sale prices in Old Town Country Club average $1,309,404.

At city level, there are 26 commercial properties, of which 5 are office buildings of 50,000 square feet or larger. Of these properties, 5 office buildings have achieved LEED certification. Across the market, the average asking office rent per square foot in Winston Salem is $19.26/SF/YR. Specifically, the average office rate for Class A office buildings is $21.03/SF/YR. For Class B office buildings the average rate is $15.82/SF/YR. For Class C office buildings the average rate is $16.46/SF/YR. Office building sale prices in Winston Salem average $1,309,404.

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