For Sale
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Property summary
This exceptional 2,500 square foot restaurant property, located at 3870 Bethania Station Rd in Winston-Salem, North Carolina, is offered at $899,000 ($359.60/sq ft). Built in 1995, this single-story building sits on a substantial 21.77-acre lot. The property includes four tax parcels totaling approximately 36 acres (subject to survey). Its versatile nature presents a unique investment opportunity. Current zoning and restrictions should be verified by prospective buyers. The property's size and acreage make it ideal for a variety of uses beyond its current configuration as a restaurant. Consideration could be given to repurposing the space as an event venue, a farm-to-table restaurant, or a brewery. Alternatively, given the land size, a return to its historic use as a par three golf course may be feasible, subject to the aforementioned zoning and restrictions. This property offers significant potential for a discerning investor seeking a substantial footprint in a desirable location within Forsyth County, NC, zip code 27106. The asking price reflects the property's size, location, and the multiple development possibilities it presents. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Winston Salem market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB-S,RM18,RS9 · Winston Salem, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB-S,RM18,RS9 in Winston Salem, NC.
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Find the owner behind the property.
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