Category: Office

One West Fourth Street

Explore top-tier Class A office space at One West Fourth Street, strategically situated in the vibrant heart of Downtown Winston-Salem. This 13-story, ±439,000 RSF general office building boasts a range of contiguous suites, accommodating from ±1,155 RSF to expansive options of up to ±64,100 RSF. Revel in the enhanced common areas, well-manicured grounds, and the convenience of on-site amenities, such as the lobby-level restaurant (The Downtown Deli), a fitness center, attached parking garage, and round-the-clock security. Secure your ideal workspace with suites starting at ±1,155 RSF, including recently upgraded options featuring ready-to-use furniture. Discover unparalleled office excellence at this prestigious location.

751 West Fourth

751 West Fourth is a ±55,000 SF Class A Office building is located on the corner of Fourth and Broad Streets in the West End neighborhood of Downtown Winston-Salem. Showcasing spectacular views of downtown Winston-Salem, the property was built in 2014 and is zoned PB. The property features rooftop-amenities including a fitness center, large multi-purpose conference room, covered outdoor terrace, and an on-site property manager.

751 West Fourth earned the NAIOP 2014 Office Building of the Year! Visit 751WestFourth.com for more images and information about this property.

  • Spectacular views of downtown Winston-Salem
  • On-site parking totaling 120 spaces (2.18/1,000 SF)
  • Class A amenities including a fitness center, covered rooftop terrace, large multi-purpose conference room, and on-site property manager

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.”

 

OFFERING SUMMARY

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.

OFFERING HIGHLIGHTS

  • 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

Historic 4th & Burke Street Portfolio

Own a piece of history in the trendy West End neighborhood of Winston-Salem, NC. This wonderful historic portfolio is located at the corner of 4th Street and Burke Street, and consists of an ±1.07 acre parking lot with over 37,000 SF of mixed use offices, retail, and residential living units. The historic townhouses, originally renovated by J.W. Tatum and Jack Tischler are constructed of brick, solid stone window sills, and handcrafted front porch entries. The townhouse interiors are the best of 1914 craftmanship with ornate ironwork; beveled-glass; and heritage oak banisters, mantels, and hardwood floors. Now registered with the historic properties commission, the townhouses are a gem of the West End. The Burke Street properties add retail, residential, and fenced parking areas to balance this mixed use portfolio. Also located within the historic overlay of the West End, these stucco covered buildings offer a low maintenance exterior with main level retail shopping and second story living.

Class A Office Space Available

Excellent opportunity to lease Class A office space in highly desired Hanes Mall Blvd. submarket. Showcasing immediate access to Winston-Salem’s most densely traveled thoroughfares, exceptional finishes, ample on-site parking and recently built out office space all situated within a mixed use setting makes this a can’t miss opportunity. Contact broker for details surrounding pricing.

Lexington Dispatch Flex Space

First Floor Sublease Opportunity of Premium Flex Space. Zoned Uptown Office this ±16,938 SF building features a ±6,157 SF Warehouse with a ±2,312 SF Office on the first floor and a ±8,469 SF Executive office with a private bathroom on the second floor. Lexington Dispatch Flex Space is in close proximity to the Square in Lexington and is walking distance to restaurants, bars, and many retail shops.

720 W 5th Street Office Space

Excellent opportunity to lease office space in downtown Winston-Salem with easily accessible surface parking. The modern remodel makes this property very unique and desirable. This property is well located with high visibility to those traveling both to and from downtown.

Hawthorne Road Retail

Hawthorne Road Retail is a great opportunity to acquire this ±3,752 SF former bank building, strategically positioned in close proximity to Novant Health Forsyth Medical Center and Medical Park Hospital. Boasting excellent visibility on a well-traveled stretch of Hawthorne Road, this property is perfectly situated near a multitude of bustling restaurants and retailers, making it a highly attractive investment opportunity.

Madison Park V

Madison Park V consists of 7 office buildings in a park like setting just minutes from Downtown Winston-Salem, with a beautifully landscaped grounds and walking trail.

DTWS Historic Office/Retail Building

Don’t miss this opportunity to own historic office or retail space in an exciting and vibrant part of downtown Winston-Salem! This DTWS historic office/retail building features retro design and unique architecture. The property totals three floors, each being ±2,480 SF. The building is in close proximity to multiple restaurants and retailers, and features a Walkability Score of 78 (WalkScore.com). There are two existing leases at the property- contact broker for additional information regarding those leases.