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Operating Restaurant Property
For Sale
$410,000

1214 Nc 8 And 89 Hwy S, Walnut Cove, NC 27052

Existing restaurant improvements with stated potential for dining, events, entertainment, and outdoor recreation uses.

Property SizeContact for details
Days on Market77

Property Features for 1214 Nc 8 And 89 Hwy S

General Information

Standard status Active

Building Details

Abandoned No
Listing Agency: Keller Williams Realty Elite
Listed By: Deleep Paul · License #338640
Source: Exprealty
Added: Jun 6 Changed: Aug 20 Last Checked: Aug 20 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Elite

Investment Insights

Based on property information with market context.

This operating restaurant property is positioned as a flexible hospitality asset with potential applications beyond conventional dining. The stated use possibilities include a destination restaurant, brewery, event venue, entertainment destination, outdoor recreation hub, or mixed-use development.

The property is associated with the NC 8 and 89 highway address and is described in the context of Hanging Rock State Park, the Dan River, historic downtown Danbury, and regional fishing, tubing, kayaking, hiking, biking, and camping attractions. City water availability and permission for liquor by the drink in Stokes County are also identified as area-level operating considerations. Continued healthcare investment through Novant Health is noted as an additional local growth factor.

Key Highlights

  • Currently operating as a restaurant
  • Potential uses include brewery, event venue, entertainment, outdoor recreation, and mixed‑use development
  • Located near Hanging Rock State Park and the Dan River

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Bakery Kitchen & Bath Showroom Daycare Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27052, NC

9,861
Population
4,447
Households
2.2
Avg Household Size
48
Median Age
16%
College-Educated
89%
High-School Grad
99.0 sq mi
ZIP Area
100
Density / Sq Mi
$57,913
Median Household Income
$39,953
Median Earnings
$737
Median Rent
$182,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements with stated potential for dining, events, entertainment, and outdoor recreation uses.
Where is this conventional restaurant located?
The property is located at 1214 Nc 8 And 89 Hwy S Walnut Cove, NC.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Currently operating as a restaurant; Potential uses include brewery, event venue, entertainment, outdoor recreation, and mixed‑use development; Located near Hanging Rock State Park and the Dan River
More about this property
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