historic bethania mill & village...

206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM

FOR LEASE/SALE

Unique opportunity to purchase or lease the Historic Bethania Mill and Village Shoppes. This property is located in the historic village of Bethania, established in 1759 and is on the National Register of Historic Places. Bethania Mill was completely remodeled in 2008 and converted into a mixed-use property with a diverse tenant mix. Tenants include retail users such as Muddy Creek Cafe and Music Hall, artist studios and a salon, along with several offices, including a showcase suite that houses a prominent innovative architecture firm. The purchase or lease of this property represents a rare opportunity to be a part of a historical landmark that has become a mainstay destination of Bethania.

TO LEARN MORE ABOUT THIS PROPERTY CONTACT:

Nick GonzalezE [email protected] 305.979.3440P 336.724.1715

Historic Bethania Mill & Village Shoppes5455 BETHANIA ROAD WINSTON-SALEM, NC 27106

HISTORIC INVESTMENT OPPORTUNITY

Coleman Team, CCIME [email protected] 336.250.2977P 336.724.1715


HISTORIC BETHANIA

Surveyor Christian Philip Gottleib Reuter designed Bethania to withstand the challenges and dangers of the often hostile frontier landscape during the tumultuous years of the French and Indian Wars. Borrowing from town designs used in Medieval Europe, Reuter clustered the individual home lots in the center of the 2,500 acres that comprised the Bethania and surrounded these residential lots with land segregated into orchard lots, bottom land lots, and upland lots. The town included houses, tradesman shops, a church, school, barns, and gardens. Now more than 250 years later, historic Bethania is the only example of a European style “open field” agricultural village remaining in North Carolina.

This Town Plan, and many of the historic Moravian-influenced buildings of Bethania, has been preserved to the present. An agricultural and trades community by design, Bethania exemplifies Old World planning and New World adaptation. Bethania’s 500-acre Historic District, listed on the National Register of Historic Places, has also received the highly-respected designation of National Historic Landmark.

ESTABLISHED IN 1759



2007

2017

FOR LEASE/SALE


8,000SF OF RETAIL SPACE WITH A DIVERSE TENANT MIX!100% LEASED



PROPERTY IS ON THE NATIONAL REGISTER OF HISTORIC PLACES

4,000SF OF OFFICE SPACE68% LEASED

FOR LEASE/SALE



HISTORIC INVESTMENT OPPORTUNITY FOR LEASE/SALE

SPACE A

TOTAL AVAILABILITY 180 - 15,247 ± RSF

AVAILABILITY

SPACE B: ENTIRE 1ST FLOOR

2ND FLOOR

3RD FLOOR

SPACE A: MUSIC VENUE

SPACE C: CAFE

OF

FIC

E B

OFFICE C

OFFICE A

3,019 USF / 3,773 RSF

SPACE B

SPACE C

OFFICE A

OFFICE B

OFFICE C

2ND FLOOR

4,943 USF / 6,178 RSF

1,082 RSF

Only available with full building or full 2nd/3rd floor lease

1,086 USF / 1,358 RSF

258 USF / 323 RSF

4,214 RSF

FULL BUILDING 15,247 RSF


LOCATION

Address 5455 Bethania Road

City Winston-Salem Zip 27106 Co. Forsyth

Locator

PROPERTY DETAILS

Property Type Retail Year Built 1899 Elevator No

Available SF ± 180 - 15247 ± Year Renovated 2008 Roof Metal

Office SF ± 4,000 Property Class B Building Exterior Wood

Retail SF ± 8,000 Floors 3 Floor Wood

Acres ± 1.08 Parking 65 Sprinklered Yes

Anchor Tenant Muddy Creek Cafe Restrooms 7 VPD 9,600

UTILITIES

Electrical Duke Energy Sewer Public Heat Central

Water Public Air Central Gas

TAX INFORMATION

Zoning PB-S Tax Block 3487 Tax PIN 6808-56-0782.00

Tax Map 600886 Tax Lot 059 Tax Value $351,900

PRICING & TERMS

Price $965,000 NOI $91,138.99 Cap Rate 9.44%

Lease Rate $12.00 - $14.65 Lease Type Full Service Terms Cafe Lease Rate: $15.25psf - tenant pays for power

Comments Unique opportunity to purchase or lease the Historic Bethania Mill and Village Shoppes. This property is located in the historic village of Bethania, established in 1759 and is on the National Register of Historic Places. Bethania Mill was completely remodeled in 2008 and converted into a mixed-use property with a diverse tenant mix. Tenants include retail users such as Muddy Creek Cafe and Music Hall, artist studios and a salon, along with several offices, including a showcase suite that houses a prominent innovative architecture firm. The purchase or lease of this property represents a rare opportunity to be a part of a historical landmark that has become a mainstay destination of Bethania.

TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

The information contained herein has been taken from sources deemed to be reliable. Linville Team Partners makes no representation or warranties, expressed or implied, as to the accuracy of this information. All information in this document is subject to verification prior to purchase or lease.

Historic Bethania Mill & Village Shops5455 BETHANIA ROAD WINSTON-SALEM, NC 27106


NICK [email protected]

COLEMAN [email protected]

FOR LEASE/SALE

historic bethania mill & village...

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