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.
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.
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Building SF ± 80,000 Year Built 1921 Elevators ± Yes Acres ± 0.97 Ceiling Height ± 12′ Parking ± 65
