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1590 Peters Creek Pky 43,000 SF 100% Leased Retail Building Winston-Salem, NC 27103 $3,997,026 CAD ($92.95 CAD/SF)
Investment Highlights
- Prime Peters Creek frontage with 40K+ VPD for unmatched traffic-driven visibility.
- Spans nearly 3 acres with 260’ of high-profile frontage on a major Winston-Salem corridor.
- Highway Business zoning allows diverse retail and service opportunities.
- Fully leased 43K SF retail asset delivering stable income and strong returns.
- Features two loading docks, warehouse space, and upper offices for operational versatility.
- Quick access to I-40 and Silas Creek Parkway ensures rapid regional connectivity.
Executive Summary
Conveniently located on high traffic major access roadway to downtown Winston-Salem. Owner financing available.
call Lowell Michalove
336-666-0770 (or 336-467-1293)
This brick building is 200’wide X 190’deep (=38,000sf). Has warehouse w/2 loading docks. Utility room. Break room. Bathrooms(2). Has upper office and balcony areas of additional 5,000sf. Site consists of ~3 acres bordered by Peters creek and Silas creek with ~260’ road frontage on Peters Creek Parkway.
per Google: “As of late 2025, the estimated medium price to build a 38,000-square-foot brick commercial building in central North Carolina is between $9 million and $13 million. This estimate is based on an average cost of $240 to $350 per square foot for commercial construction in the region.”)
call Lowell Michalove
336-666-0770 (or 336-467-1293)
This brick building is 200’wide X 190’deep (=38,000sf). Has warehouse w/2 loading docks. Utility room. Break room. Bathrooms(2). Has upper office and balcony areas of additional 5,000sf. Site consists of ~3 acres bordered by Peters creek and Silas creek with ~260’ road frontage on Peters Creek Parkway.
per Google: “As of late 2025, the estimated medium price to build a 38,000-square-foot brick commercial building in central North Carolina is between $9 million and $13 million. This estimate is based on an average cost of $240 to $350 per square foot for commercial construction in the region.”)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
43,000 SF
Building Class
C
Year Built
1968
Price
$3,997,026 CAD
Price Per SF
$92.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Slab To Slab
10’
Building FAR
0.33
Lot Size
2.97 AC
Zoning
HB HIGHWAY - Highway Business
Parking
28 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
268’ on Peters Creek Pky
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6824-77-8162 | Improvements Assessment | $397,494 CAD |
| Land Assessment | $893,082 CAD | Total Assessment | $1,290,575 CAD |
Property Taxes
Parcel Number
6824-77-8162
Land Assessment
$893,082 CAD
Improvements Assessment
$397,494 CAD
Total Assessment
$1,290,575 CAD
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Presented by
Lowell Michalove
1590 Peters Creek Pky
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