622-632 N Trade St

622-632 N Trade St, Winston Salem, NC 27101

Property Information

  • For Sale $3,100,000
  • 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 Mar 25, 2026

Description

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.

Contacts

Charlie Fulk

Meridian Realty

Location

Located at 622-632 N Trade St, Winston Salem, NC 27101, this property is part of the Downtown Winston - Salem neighborhood and Winston Salem Greensboro market.

Contact Listing Broker
Charlie Fulk

Meridian Realty

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