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27417723
27417722

5 Locations

CF
NC 224709
The Meridian Realty Group
Listed by The Meridian Realty Group
$3,100,000
241 days on market
Updated 80 days ago
Opportunity zone

622-632 N. Trade Street

Details
Property Type Retail, Land
Sub Type Restaurant, Commercial
Square Footage 12,652
Cap Rate 6.64%
Lease Type NNN
Price per SqFt $245
Year Built 1922;1928;1950
Acreage 0.550
Zoning CB WO
Parking Spaces 50 spaces
Parking Per SqFt 3.95

Retail | 6.64% CAP | 12,652 SqFt

Marketing description

632 N Trade is leased to Silver Moon has been a “dive bar” since the 1960’s and is well known amongst the community for its cold beverages and diverse clientele. The location offers investors a “bite size” opportunity

628 N Trade, 50 surface spaces averaging $3k/mo. Redevelop or maintain as cash flow producing parking lot'

626 N Trade is leased to an art gallery with a significant internet presence offering various kinds of art processed primarily on metal plaques and rocks. The location itself was in high demand pre-lease and its small size offers investors a “bite size” opportunity for a well-located investment property.

622 N Trade Street home to Miller’s on Trade, a vibrant sports bar and entertainment venue located in the city’s Downtown Arts District. This establishment occupies the historic space that once housed Miller’s Variety Store, a beloved local clothing retailer operating from 1928 until its closure in 2016 .

Investment highlights

  • NNN leases
  • Nationally recognized historic properties
  • Newly renovated with long term leases to credit tenants
  • Centrally located in arts district of downtown winston-salem
  • Redevelopment potential with 50+ surface space parking lot with height restrictions
  • Winston-salem, nc ranked #65 places to live (livability rankings 2025)

Listing Contacts

CF
NC 224709
The Meridian Realty Group
Listed by The Meridian Realty Group

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Additional Information

Name
Charlie Fulk, CCIM
License
224709
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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