- For Sale $1,375,000
- Property Type Retail - Restaurant
- Property Size 7,000 SF
- Lot Size 0.08 Acre
- Cap Rate % 6
- Additional Rent Contact for pricing
- Year Built 1915
- Date Updated Dec 11, 2024
This property for sale features a brand new 10-year NNN lease with Dive Bar, a credit tenant with multiple units that is growing rapidly and is nationally trademarked. Located in the vibrant West End area, the free-standing building offers ample on-street parking. The property rollup doors and a patio fronting Burke St. It spans 7,000± SF across two levels, with a 3,500± SF level bar and a 3,500± SF basement featuring a roll-up door fronting 1st St. Zoned for Pedestrian Business, this property is offered at $1,375,000 with a 6% CAP rate and 3% annual increases.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
86/100 Very Walkable -
Bike Score ®
62/100 Bikeable
- City Winston Salem, NC
- Neighborhood West End Winston
- Zip Code 27101
- Market Winston Salem Greensboro
Points of Interest
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BP
0.35 miles
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Shell
0.38 miles
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Exxon
1.05 miles
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Kangaroo Express
1.28 miles
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Winston-Salem City Yard - Fleet Services
1.42 miles
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Citgo
1.70 miles
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Tesla Supercharger
8.12 miles
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VIP Lot
0.29 miles
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Flow Lot
0.30 miles
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Media Lot
0.38 miles
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Eden Terrace Deck
0.46 miles
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Hawthorne Deck
0.53 miles
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Adult ER Dropoff
0.66 miles
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Parking Deck A
0.69 miles
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Parking Deck C
0.70 miles
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Liberty Plaza Parking
0.79 miles
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Liberty Street Parking
0.89 miles
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West End Cafe
0.20 miles
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The Quiet Pint Tavern
0.31 miles
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First Street
0.39 miles
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Spring House Restaurant, Kitchen & Bar
0.46 miles
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Grecian Corner
0.47 miles
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Bib's Downtown
0.50 miles
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That Place in the West End
0.51 miles
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Subway
0.54 miles
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Chick-fil-A
0.54 miles
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Wake Forest Baptist Medical Center Cafeteria
0.65 miles
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Whole Foods Market
0.83 miles
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Publix
0.93 miles
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Harris Teeter
0.97 miles
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Asia Grocery
1.07 miles
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Trader Joe's
1.28 miles
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Marketplace Mall
1.63 miles
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Chef Smart
1.69 miles
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Compare Foods
1.70 miles
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Food Lion
1.87 miles
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Burlington
2.51 miles
Frequently Asked Questions
The space currently listed for sale at 1131 Burke St asks for $1,375,000.
1131 Burke St totals 7,000 square feet.
1131 Burke St was built in 1915.
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Meridian Realty