For Sale
$1,120,000

5455 Bethania RdWinston-Salem, NC 27106

15,247 SF Mixed-Use Property, Winston-Salem

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • 15,247 SF mixed-use building on 1.14-acre lot in Winston-Salem, NC.
  • Historic landmark (Bethania Mill) with modern updates (2008 & 2020 renovations).
  • PB-S zoning allows for office, retail, and event venue use (120-person capacity).
  • Includes existing FF&E for event space; 65 parking spaces.
  • Asking price: $1,120,000 ($73.46/SF); 20% occupancy.

Property Details for 5455 Bethania Rd

Property type
Specialty properties, Wedding venues
Square Feet
15,247 SF
Year Built
1899
Buildings
1
Stories
3
Lot Size (sq. ft)
49,658 SF
Units
1

Location Insight

City
Winston-Salem
County
Forsyth
State
North Carolina
Latitude
36.1789644
Longitude
-80.3381083
5455 Bethania Rd, Winston-Salem, North Carolina

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5455 Bethania Rd
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