Loewy Building

500 W Fourth Street (the Loewy Building) is a historic downtown asset being revitalized into a mixed-use destination: while the upper floors are slated for conversion into approximately 56 apartments by late 2026, the ground floor offers high-profile retail or office space along Fourth Street — providing an opportunity for tenants to benefit from increased foot traffic associated with residential redevelopment.

Available suites start at 1,900 SF and go up to ~10,700 SF (or more, with combination options), offering flexibility for a variety of user needs — from small offices and boutiques to larger retail or showroom footprints.

The property features tall storefronts, 12-foot finished ceilings (with potential for even higher, depending on build-out), and is being offered with tenant improvement allowance to accommodate custom layouts.

Located in the heart of downtown Winston-Salem, 500 W Fourth Street benefits from downtown walkability, proximity to other entertainment, retail, and residential offerings, and strong visibility on one of the city’s main downtown streets. 

Historic landmark building — Built in 1921, the Loewy Building carries character and heritage value, which can be attractive to tenants wanting distinctive, downtown-historic ambiance.
Flexible suite sizes (1,900 – 10,700 SF, divisible/combinable): Accommodates a variety of uses — from small professional offices, boutiques, or ateliers to larger retail/showroom or creative office tenants.
Competitive lease rate ($19.50/SF NNN) with tenant improvement allowance — offering a feasible entry point for tenants seeking quality downtown space with flexibility to build-out.
High-visibility downtown location & walkability — Positioned on Fourth Street, with easy access to downtown amenities, restaurants, residential redevelopment, and other mixed-use destinations.
Tall storefronts, 12′ ceilings — potential for dramatic interior build-outs or retail-style ambiance — especially favorable for retail, showroom, creative workspace, or hospitality-oriented tenants.
Parking & accessibility — While primarily a downtown property, there is some visitor-parking behind the building and on-street parking; additional parking decks are nearby.
Historic-redevelopment momentum — residential conversion above ground-floor retail/office — tenant may benefit from future built-in clientele from upper-floor residential units starting late 2026.