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500 West 5th Street

500 West 5th Street #800, Winston-Salem, NC 27101

Flywheel
5 78 reviews
Contact Property

Enjoy a workspace with a view at Flywheel Coworking, located at 500 West 5th Street in Winston-Salem. With privacy booths for focused tasks and a fitness center to recharge during the day, this coworking space strikes a balance between productivity and wellness.

Flywheel Coworking provides a range of workspace options, including open desks, private offices, dedicated desks, virtual office services, meeting rooms, and event spaces. Whether you're a freelancer, part of a growing team, or a business hosting an event, this space adapts to diverse professional needs with style and flexibility.

Situated in a walkable and bike-friendly area, the location connects members to nearby dining, retail, and urban amenities. Parking options are readily available for those commuting by car, ensuring convenience for all.

Designed for modern professionals, the space features high-speed Wi-Fi, videoconferencing tools, and mail handling services. Complimentary coffee, tea, and catering options elevate the experience, while amenities like whiteboards, projectors, and TV monitors help bring your ideas to life.

*This description was AI-generated and edited for accuracy.

Complimentary coffee & tea
High-speed wifi
Professional & social events
Projector
TV/Monitor

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500 West 5th Street

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Available Workspaces

Day Pass

from $25/day

Meeting Room

from $30/hour
4 to 15

Private Office

from $795/month

Coworking Membership

from $275/month

Dedicated Desk

from $375/month

Event Space

from $150/hour

Business hours

Monday

24/7

Tuesday

24/7

Wednesday

24/7

Thursday

24/7

Friday

24/7

Saturday

24/7

Sunday

24/7

500 West 5th Street #800, Winston-Salem, NC 27101

  • Map
  • Street
Points of interest powered by OpenStreetMap

Walk & ride

  • Walk score

    86/100

    Very Walkable
  • Bike score

    78/100

    Very Bikeable

Powered by Walk Score ®

Reviews

5
View all 78 reviews on Google
5

Devin Pendergast

Jan 06 2026

From someone who has experienced so many different co-working spaces - this is an excellent one. This is honestly an incredible community of entrepreneurs, creatives, and builders. Our Office Manager Becca has been so incredibly supportive and has gone above and beyond as a resource. She is incredible in making sure the office is running smoothly, and is a friendly and inviting presence making the office just that much brighter and collaborative. The Flywheel environment makes it easy to network, collaborate, and bounce ideas off other driven people, which has been hugely valuable for both my growth and accountability. The events they have also help and are so valuable, especially Development Pitch Days and Community Days, are thoughtfully organized and provide real opportunities to learn, share, and build meaningful connections. If you’re looking for more than just a desk and want a space that supports your business, along with creativity, and community, I highly recommend Flywheel.

5

Jim Bryan-Kanda

Oct 19 2025

The office is well maintained, great location, great staff, everyone is welcoming, and always willing to lend advice or just leave you to your thing. I’ve been there for close to two years and have a dedicated desk.

5

Tanya Cope

Oct 03 2025

Super efficient, comfortable, cost effective and friendly if you need a place for the day. They have plenty of desks and private rooms.

5

Russ Kratzer

Sep 24 2025

I have been working at Flywheel for about 3 years and it has been the perfect environment for me. Here are the top 4 things I like about Flywheel: 1) Becca and the staff are extremely helpful and are always a joy to interact with. 2) the view- you can't beat the view looking across to Pilot Mountain and Hanging Rock. 3) Flywheel hosts events and talks, so there are fun social activities and opportunities to exchange ideas, but if you're more of an introvert you can do your own thing and feel comfortable too. 4) there are multiple options depending on what you need. When I started at Flywheel I was working remotely and had the basic plan that limited the amount of days per month. Later I took the plunge to start a company and my business partners joined me at Flywheel- as the business grew we decided to upgrade to our own office. It's been great to have flexible options based on what I need at the time. I strongly recommend Flywheel!

5

Donny Wilson

Sep 24 2025

One of the best and relaxing coworker spaces around. Such a great form of community and support, could not imagine a better place to work.

Frequently Asked Questions

  • At 500 West 5th Street, Meeting Rooms can be booked by the hour. For those looking for a workspace for an entire day, Day Passs are also available. In addition, Private Offices, Coworking Memberships and Dedicated Desks can also be booked on a monthly basis.

  • Most, if not all, amenities are available to you as a member, regardless of the type of membership. Some shared spaces, like the meeting rooms, need to be booked in advance and private offices are only available for those with a subscription. However, all the other areas, like the lounge, kitchen and breakout spaces, are usable by every member. All complimentary services are available and anything ancillary can be purchased or negotiated with Flywheel.

  • The open desk is the way to go if you’re looking for a flexible workspace in an open environment where you can socialize with other members. Or, choose a dedicated desk if you want a designated space that also allows you to keep in touch with the community.

    A private office works wonders if you or your team need a quiet, secluded space to conduct your work and interact with people in your organization.

    It’s important to understand the different types of coworking arrangements available to you, depending on the type of work that you do and its duration, and whether you’re a solo worker or part of a team.

  • Absolutely. Flexibility is one of the best parts of coworking. Most coworking memberships are month-to-month, so you can quickly adjust your space preferences according to your unique requirements and the size of your team. Whether that means upgrading the space or downsizing it or even completely changing the type of coworking subscription that you use, you always have the option to adjust as you go.

    It may be possible to adjust your membership before current membership ends, but you will have to discuss and negotiate directly with Flywheel, who is more than happy to help out.

  • Yes, you can certainly take a tour of the space before signing up for a membership. In fact, it’s encouraged, to help you get a feel for what your workday will look like. Schedule a tour here by filling out the form along with the date and time when you would like to visit the space and we’ll see you there.

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