5455 Bethania Rd Winston-Salem, NC 27106

Property Details for 5455 Bethania Rd

Year built

1880

Construction

WOOD FRAME

Lot size

1.14 lot acres

Property size

10,152 SF

Zone code

LB,PB-S,RS9

Property type

Retail space

APN

6808-56-0782.00

APU

680856078200

Description

This exceptional 15,247 square foot mixed-use property, located at 5455 Bethania Rd in Winston-Salem, North Carolina, presents a unique investment opportunity. The Bethania Mill, a National Register of Historic Places landmark, boasts a rich history combined with modern updates. Built in 1899, the three-story building underwent extensive renovations in 2008 and further improvements in 2020. Currently zoned PB-S, the property offers a blend of office and retail space, along with a significant event venue capable of accommodating approximately 120 guests. Included are existing furnishings, fixtures, and equipment (FF&E) for event functions. Situated on a 1.14-acre lot, the property provides ample parking with 65 spaces. The asking price is $1,120,000, translating to $73.46 per square foot. Currently, the occupancy rate is 20%, presenting significant potential for increased revenue. This versatile property offers a variety of usage possibilities for a discerning investor. Its prime location, just nine miles north of downtown Winston-Salem, in Forsyth County (zip code 27106), ensures excellent accessibility and visibility. The property consists of one building with a single unit.

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Longitude

-80.3379

Latitude

36.1789

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments