Category: Commercial

The Loewy Building

Commercial Realty Advisors is pleased to offer the opportunity to purchase the historic Loewy Building, located in the heart of downtown Winston-Salem, North Carolina.

This unique architectural gem was originally commissioned by Kate B. Reynolds in 1921. She hired local architects Northup and O’Brien to design two buildings that would encompass the full block. The original tenants were Morris-Early Furniture and Sosnik’s Department Store. In the late 1940’s Sosnik’s merged with Thalhimer’s and they commissioned the famed New York Design Firm of Raymond F. Loewy Associates to remodel the store.

Raymond Loewy Associates’ interior design for the Winston-Salem Thalhimer’s was featured in Interior Design magazine in September, 1950. The article observed: “that many department stores tend to emphasize in their design and arrangement the aims and character of the community they serve. The Sosnik-Thalhimer Department Store, a high quality women’s shop in Winston-Salem, is such a store, combining gracefully all the aforementioned qualities yet representing a new departure in store design. Its services are addressed to the more affluent customers in this rich tobacco country… Style was another important consideration, and in deciding upon the elimination of the stark, cold
phases of modern and concentrating upon a scheme of Louis XV and mellow eighteenth-century Italian, combined with the more pleasing and friendly phases of modern, a style was evoked that has won acclaim from the clients and their customers alike.”



The iconic Winston-Salem property sits on ±.97 acres with approximately ±80,000 SF and 65 Surface Parking Spots. The property presents a great opportunity for redevelopment as a boutique hotel, condominium or apartment building, or office building with retail and amenity space on the ground level. The property’s Historic Designation and its location in an Opportunity Zone offers potential economic subsidies and incentives to improve the overall feasibility of the redevelopment project. A truly iconic presence in Winston-Salem, The Loewy Building, is one of the landmark
properties of Downtown Winston-Salem.


  • Iconic historic property that qualifies for Historic Tax Credits and is located in an Opportunity Zone
  • Property size and layout are well suited for multi-family, hotel, and office development
  • Well located in the center of Winston-Salem’s vibrant downtown

Brookstown Modern Office

This ±3,422 SF office space is conveniently located on the edge of Historic Old Salem, with easy access to Salem Parkway and is adjacent to Sayso Coffee and the Winston-Salem Strollway. This space has a total of 9 very spacious offices, large lobby, and conference room, in addition to a copy room and private bathrooms.

Hamilton Street Showroom

Located in the epicenter of the High Point Furniture Market district, this ±27,295 SF showroom building has an open floor plan and on-site parking. It also includes a two-story curved glass display window, 10’ – 14’ ceilings, and a loading dock.

Market on Main

This standout multi-tenant showroom is located in the heart of the furniture district in High Point, NC. Just steps away from Mendenhall Transportation Center, Showplace, International Market Centers, and Plaza Suites. This building features a beautiful glass-enclosed passenger elevator and a covered dock area with a loading platform and adjacent freight elevator. The 5th floor offers ±10,800 SF of an open floor plan, 12’-13’ ceiling heights, and two restrooms.

Industrial/Residential High Point Development Site

This ±12.12 acre lot is conveniently located close to I-74 and Business 85/I-85 and is next to Norfolk Southern Main Line.

BBJ Development Site

Wonderful small development site in the heart of uptown High Point! Conveniently located on the corner of N. Main Street and E. Lexington Avenue with ±32,000 VPD. Within walking distance to some of High Point’s better restaurants and retailers, this pedestrian friendly site would be a perfect fit for multiple retail uses.

Dark Walgreens – Anderson, SC

Excellent sublease opportunity for a former Walgreens location in Anderson, SC. This property is located at a high traffic signalized corner, with great visibility from SC HWY 28. Master lease runs through 10/31/30.

Dark Walgreens – Rocky Mount, VA

Excellent sublease opportunity for a former Walgreens location in Rocky Mount, VA. This property is located at a high traffic signalized corner, with great visibility from Old Franklin Turnpike. Master lease runs through 10/31/35

Kernersville Retail Site

Great opportunity to purchase a .85 acre retail site in Kernersville, NC. Site sits in between Speedway and a former Rite-Aid location. Frontage on both Piney Grove Road and N. Main Street, with potential access on both as well. Site is Zoned – Highway Business.

Former Walgreens – Colonial Heights, VA

Excellent redevelopment opportunity of a former Walgreens location in Colonial Heights, VA. This property has great frontage on Colonial Heights’ main retail corridor of Boulevard with Wawa and Cook Out as immediate neighbors.