By james art 
Winston-Salem, NC, October 28, 2024 – Iron Horse Auction Company, Inc., is pleased to announce the real estate auction of the Camel Pawn Building, located at 422 N. Liberty Street, Winston-Salem, NC 27101, a contributing structure to the Downtown Historic District. The heirs have decided that this one-time offering will be auctioned to the highest bidder over the Forsyth County tax value of $413,100. Online-only bidding begins November 5 and ends November 12, 2024 at 2:00 p.m.
The building sits on 0.11 acres and is zoned CB-WO (Central Business – Winston Overlay District). Eligible uses include several new business opportunities, including retail, office, restaurant, hotel, multifamily and more. Eligible for tax credits for both Historic and Opportunity Tax Zones. Public parking, Grade A offices, hotels, the Millennium Event Center and a transportation hub are nearby.
The 4-level building totals 16,464+/- square feet and was built in 1912. It features an open floor plan, hardwood floors, and a classic brick facade that is partially clad but can be removed to exposed its original large windows. A working freight elevator or staircase takes you to each floor. The street side along Liberty Street boasts a classic recessed storefront with aluminum framed glass display cases and (2) double door store entrances at the main entrance. The reverse side is fully visible from North Trade Street and features a vintage painted motif advertising the Camel Pawn, an iconic image in this historic downtown district.
One of the heirs, Ron Klein, states, “My family’s business has thrived at this location since 1961. This building has served us very well and offers a range of new business opportunities for the new owner. We are excited to see who wins the auction!”