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    FOR SALE
    Turn key restaurants

    3870 Bethania Station Rd, Winston Salem, NC 27106

    3,200 SF 21.77 ac lot Built 1995
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US53-2496598
    Property summary
    AI-generated overview

    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
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1995
    Construction WOOD FRAME
    Total area 3,200 SF
    Lot 21.77 ac (948,301 SF)
    Zoning code HB-S,RM18,RS9
    APN 6817-69-2775.00
    UPID US53-2496598
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CB's Tavern Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Edwin T Beroth · 14 yrs held
    Edwin T Beroth
    since 2012
    1 recorded transaction
    2012
    $99,000
    Zoning & alternative use
    HB-S,RM18,RS9 · Winston Salem, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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