Category: Office

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

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.

Highland Oaks Medical Building

Highland Oaks Medical Building is a ±22,420 SF building located in Winston-Salem’s premier medical office parks of Brookview Hills, Highland Oaks, and Kimel Park. 95.7% occupied, stable, well-maintained building with ample parking and a convenient location.

 

Rowan County Medical Mall

This ±19,576 SF medical/general office building is conveniently located just off of Main Street in China Grove. Don’t miss this opportunity to own an office asset in the southwest Rowan county submarket.

Rowan County Office Condo

This ±2,472 SF medical/general office condo conveniently located just off of Salisbury Avenue in Granite Quarry is perfect for a multitude of medical and general office users.

Office Condo For Lease-326 N Spring Street

326 N Spring St. is a ±1,500 SF office condo located at the intersection of Spring Street and 4th Street in Downtown Winston-Salem. Strategically located in close proximity to various restaurants and retailers, this for lease offering provides excellent access to Downtown Winston-Salem and Winston-Salem’s historic West End District. The space consists of 6 private offices, two bathrooms (one per floor), a conference room, on site parking and ample storage space. Currently asking $15.00 per square foot per year in rent ($1,875/month).

Historic Office Building in Downtown Winston-Salem | For Lease

709 N Main St. is a historic office building that is currently available for lease. Conveniently located in Downtown Winston-Salem, this renovated historic property features 9,800± SF of turnkey class A office space across two floors and a 19-surface spot on-site parking lot.

Kaleideum Downtown Building

390 South Liberty Street is a ±24,996 SF freestanding building conveniently located on the corner of Liberty Street and Brookstown Avenue in Downtown Winston-Salem. The property was built in 2004 and is zoned CB. It is in close proximity to Old Salem, several local colleges/universities, various office users, many retailers, and renowned restaurants. This building is perfect for redevelopment to facilitate a multitude of uses including schools/museums, event centers, office, or other specialty uses. Located within a quarter mile from Salem Parkway and 1 mile from US-52, this property features on site parking.

West End Center

West End Center is a ±80,000 SF office building located in the highly desirable West End District in Winston-Salem. Within walking distance to Winston-Salem’s best restaurants, hotels, retailers, and Truist Stadium, this pedestrian-friendly site has excellent on-site parking and access to Center City West Parking Deck just one block away.

  • ±93,817 SF office space available for lease
  • Strategically located at 4th Street and Broad Street in Downtown Winston-Salem
  • Open floor plate would allow for custom build outs (potential conversion to a multi-tenant facility)
  • Lease Rate: $15.00 Full Service
  • Excellent parking with 202 surface spaces on site, as well as a large CCW parking deck one block from the building

Historic Office Building in Lexington, NC

Don’t miss this unique opportunity to own a historic property in desirable downtown Lexington! This ±3,750 SF general office building has a versatile floorplan that could accommodate multiple general office uses. The seller is open to a short-term sale leaseback. The building has access to 3 – 4 on-site private parking spaces.

The location is close to Business 85 and Highway 52/US 285, making an easy commute to all parts of the Piedmont Triad.