Contacts
Meridian Realty
Property Details
- Property Type Retail
- Property Size 12,652 SF
- Lot Size 0.54 Acre
- Cap Rate % 6.64
- Parking Spaces Avail. 50
- Parking Ratio 3.95 / 1,000 SF
- Year Built 1922
- Date Updated May 14, 2026
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)
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.
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.
628 N Trade, 50 surface spaces averaging $3k/mo. Redevelop or maintain as cash flow producing parking lot.
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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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85/100
Walk Score ®
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77/100
Bike Score ®
Location
- City Winston Salem, NC
- Neighborhood Downtown Winston - Salem
- Zip Code 27101
- Market Winston Salem Greensboro
Points of Interest
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Exxon
0.49 miles
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Shell
0.69 miles
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Citgo
1.09 miles
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BP
1.09 miles
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Liberty Street Citgo
1.09 miles
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Winston-Salem City Yard - Fleet Services
1.17 miles
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Speedway
1.71 miles
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Tesla Supercharger
9.00 miles
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Liberty Street Parking
0.20 miles
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4th & Chruch Street Parking Deck
0.28 miles
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Patterson Visitor Lot
0.33 miles
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Krankies Coffee Parking
0.39 miles
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Liberty Plaza Parking
0.40 miles
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Government Center Public Parking
0.42 miles
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P8 South
0.53 miles
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P8 North
0.54 miles
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Forsyth County Municipal Parking Deck
0.54 miles
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Media Lot
0.76 miles
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Sixth & Vine
0.05 miles
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Mission Pizza Napoletana
0.07 miles
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sweet potatoes
0.10 miles
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Camel City BBQ Factory
0.11 miles
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Mojito Latin Soul Food
0.11 miles
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Famous Toastery
0.12 miles
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Crafted
0.12 miles
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Butcher & Bull
0.20 miles
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Jimmy John's
0.26 miles
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Mystic Ginger
0.26 miles
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Compare Foods
0.92 miles
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Food Lion
1.19 miles
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Whole Foods Market
1.61 miles
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Publix
1.69 miles
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Asia Grocery
1.77 miles
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Harris Teeter
1.80 miles
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Trader Joe's
2.07 miles
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Marketplace Mall
2.22 miles
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Marymar Supermarket
2.50 miles
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Burlington
3.40 miles
Meridian Realty