Bailey Power Plant

450 North Patterson Avenue, Winston-Salem, NC 27101

  • For Lease $26.00/SF/YR
  • Property Type Office - Creative Office
  • Property Size 110,800 SF
  • Lot Size 2.27 Acre
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1920
  • Date Updated Jun 13, 2025

Bailey Power Plant is a 110,800-square-foot creative office space certified LEED Gold, positioned on a 2.27-acre lot. This Class A property seamlessly blends historic character with modern sustainability, making it an appealing choice for businesses seeking a distinctive work environment. The building's transformation preserves its industrial charm while supporting contemporary office needs. Tenants benefit from a prime downtown location with ample amenities and a design focused on energy efficiency.

Situated in Downtown Winston-Salem, this property is surrounded by conveniences for office tenants. Dining options such as Cugino Forno and Alma Mexicana are within steps, while Krankies Coffee is approximately 0.1 miles away. Nearby lodging includes the Kimpton Cardinal and Hotel Indigo Winston-Salem Downtown, both less than 0.25 miles from the office. Parking is readily accessible, with several parking decks and lots within 0.2 miles. Carolina University, Salem College, and other educational institutions are also in proximity, providing added vibrancy to the downtown environment.

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Spaces Available

Contacts

broker
Nick Gonzalez Is this you?

Linville Team Partners

broker
Katie Hayes Is this you?

Linville Team Partners

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Winston-Salem, NC
  • Neighborhood Downtown Winston - Salem
  • Zip Code 27101
  • Market Winston Salem Greensboro

Points of Interest

  • Shell

    0.75 miles

  • Citgo

    0.76 miles

  • BP

    0.77 miles

  • Exxon

    0.79 miles

  • Winston-Salem City Yard - Fleet Services

    0.88 miles

  • Liberty Street Citgo

    1.09 miles

  • Petro+

    1.63 miles

  • Tesla Supercharger

    9.16 miles

  • 4th & Chruch Street Parking Deck

    0.07 miles

  • Krankies Coffee Parking

    0.08 miles

  • Government Center Public Parking

    0.15 miles

  • Liberty Street Parking

    0.17 miles

  • Patterson Visitor Lot

    0.18 miles

  • Forsyth County Municipal Parking Deck

    0.31 miles

  • P8 South

    0.31 miles

  • Liberty Plaza Parking

    0.31 miles

  • P8 North

    0.35 miles

  • Kennedy Campus North Lot 1

    0.71 miles

  • Kimpton Cardinal

    0.15 miles

  • Hotel Indigo Winston-Salem Downtown

    0.23 miles

  • Marriott

    0.30 miles

  • Hampton Inn & Suites Winston-Salem Downtown

    0.33 miles

  • Embassy Suites by Hilton Winston Salem

    0.34 miles

  • Fairfield Inn & Suites Winston-Salem Downtown

    0.40 miles

  • Courtyard Winston-Salem Downtown

    0.56 miles

  • Hawthorne Inn & Conference Center

    0.63 miles

  • The Historic Brookstown Inn | Trademark Collection by Wyndham

    0.68 miles

  • Holiday Inn Express Winston-Salem Downtown West

    1.92 miles

  • Cugino Forno

    0.01 miles

  • Alma Mexicana

    0.03 miles

  • Krankies Coffee

    0.10 miles

  • Crafted

    0.21 miles

  • sweet potatoes

    0.26 miles

  • Thai harmony

    0.26 miles

  • Xcaret

    0.29 miles

  • Butcher & Bull

    0.30 miles

  • Camel City BBQ Factory

    0.30 miles

  • Mystic Ginger

    0.31 miles

  • Kennedy Campus

    0.66 miles

  • Salem Academy

    0.81 miles

  • Salem College

    0.85 miles

  • North School

    0.95 miles

  • Carolina University

    0.96 miles

  • Cook School

    0.99 miles

  • Winston-Salem State University

    1.02 miles

  • Granville School

    1.22 miles

  • Skyland School

    1.26 miles

  • Fairview School

    1.28 miles

  • Foundations Early Learning Center of Downtown Winston-Salem

    0.50 miles

  • Christ Rescue Temple Nursery

    1.34 miles

  • Clemmons United Methodist Pre-School

    9.56 miles

Frequently Asked Questions

What is the price for renting office space at Bailey Power Plant?

The price for office space here is $26.00/SF/YR except those mentioning "Contact for pricing".

What type of office space is available to lease at Bailey Power Plant?

The property includes 4 Office spaces located on 2 floors. Availabilities total 24,014 square feet of office space. The property offers Multi-Tenant commercial space.

Is Bailey Power Plant suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 2 office spaces under 5,000 square feet available. Space sizes here start at 3,280 square feet.

Does Bailey Power Plant have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 1 office space larger than 10,000 square feet available for lease. The largest office size is 11,778 SF, located on floor 3. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does Bailey Power Plant have parking?
Parking information for the property isn't currently listed. However, other nearby parking options include 4th & Chruch Street Parking Deck, located 0.07 miles away, and Krankies Coffee Parking, which is 0.08 miles away.
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