Great opportunity to acquire a well located retail property on N. Main Street in High Point. This 1,395 SF Building sits on .25 acres in the middle of High Point’s main retail corridor.
Category: Retail
October 31, 2023
Walgreens – Eden
Great opportunity to purchase a Walgreens owned property in Eden, NC. Located on S. Van Buren, Eden’s main retail corridor. This ±14,732 SF property sits on ±1,63 acres and is a great redevelopment opportunity.
October 31, 2023
Dark Walgreens – Greenville, SC
Great opportunity to sublease a former Walgreens location in Greenville, SC. Located in the northern part of Greenville, at the intersection of Poinsett Highway and Rives Rd, this ±14,820 SF building sits on ±1.46 acres and is a great repurposing or redevelopment opportunity.
October 31, 2023
Dark Walgreens – Galax, VA
Great opportunity to occupy a freestanding retail building in Galax, VA. Located 10 miles from I-77 and across the street from Twin County Regional Hospital, this ±11,150 SF property sits on ±2.33 acres. It is a former Walgreens Drug Store, with the Master Lease expiring 8/31/26.
October 31, 2023
Dark Walgreens – Richmond, VA
Great opportunity to sublease a former Walgreens location in Richmond, VA. Located on Azalea Ave, just off I-95. This ±13,905 SF property sits on ±1.83 acres and is a great repurposing or redevelopment opportunity.
October 31, 2023
Dark Walgreens – Martinsville, VA
Great opportunity to sublease a former Walgreens location in Martinsville, VA. Located on the south end of town, at the intersection of Greensboro Rd and Rives Rd, this ±13,650 SF building sits on ±1.38 acres and is a great repurposing or redevelopment opportunity.
October 31, 2023
Dark Walgreens – Winston Salem
Great opportunity to sublease a former Walgreens location in Winston-Salem, NC. Located just south of US 52, at the intersection of University Parkway and Shattalon Dr, this ±14,820 SF building sits on ±1.6 acres and is a great repurposing or redevelopment opportunity.
August 29, 2023
Hawthorne Road Retail
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.
June 12, 2023
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 property 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.
May 22, 2023
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