3870 Bethania Station Rd, Winston Salem, NC 27106
For Sale
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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.
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CB's Tavern Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB-S,RM18,RS9 · Winston Salem, NCWinston Salem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.