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    736 Main St Winston-Salem, NC 27101

    • Restaurants
    • 3,723 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Restaurants

    Property Details for 736 Main St

    Lot size
    0.52 lot acres
    Property size
    3,723 SF
    Property type
    Restaurants

    Description

    This exceptional 3,723-square-foot restaurant, located at 736 S Main St in Winston-Salem, NC (zip code 27101), presents a unique investment opportunity. Situated on a 0.52-acre lot in the heart of Old Salem, this historically designated property boasts a rich history, dating back to its construction in 1816 as a Moravian settler tavern. It's the oldest restaurant/tavern in North Carolina. The property includes a spacious kitchen and dining area, along with an 80-seat outdoor dining pavilion complete with ADA-compliant restrooms. Historically approved furniture is included in the sale. Ample parking is available with a dedicated 40-space lot and abundant on-street parking. Recently renovated, the building features upgraded HVAC, a new hood system, updated dumb waiters, electrical, plumbing, and a new grease trap. The property is move-in ready for a new tenant/operator

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    State
    North Carolina
    Longitude
    -80.2417
    Latitude
    36.0857

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      505 Cherry St

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      505 Cherry St, Winston-Salem, NC 27101
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    • Value Estimation by Request
      4,110 SF

      712 Brookstown Ave

      Restaurants • 4,110 SF
      712 Brookstown Ave, Winston-Salem, NC 27101
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    • Value Estimation by Request
      15,015 SF

      601 Liberty St

      RESTAURANT • 15,015 SF
      601 Liberty St, Winston Salem, NC 27101-2912
      View Details
    • Value Estimation
      $235,000
      3,400 SF

      901 Broad St

      BAR, TAVERN • 3,400 SF
      901 Broad St, Winston Salem, NC 27101-5742
      View Details
    • Value Estimation
      $505,000
      2,928 SF

      400 Peters Crk Pkwy

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,928 SF
      400 Peters Crk Pkwy, Winston Salem, NC 27101-4929
      View Details
    • Value Estimation
      $1,215,000
      11,538 SF

      1425 1st St

      RESTAURANT • 11,538 SF
      1425 1st St, Winston Salem, NC 27101-2666
      View Details

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      Retail Building in Winston-Salem

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    Similar Nearby for Lease

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    736 Main St
    Winston-Salem, NC 27101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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