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 Gonzalez Coleman Team, CCIM E Nick@LTPcommercial.com E Coleman@LTPcommercial.com M 305.979.3440 M 336.250.2977 P 336.724.1715 P 336.724.1715
H I STO R I C B E THAN IA E S TA B L I S H E D I N 175 9 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. 2 0 07 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 highlyrespected designation of National Historic Landmark. 2017
PROPERTY IS ON THE NATIONAL REGISTER OF HISTORIC PLACES 4,000SF OF OFFICE SPACE 68% LEASED 8,000SF OF RETAIL SPACE WITH A DIVERSE TENANT MIX! 100% LEASED
SPACE C: CAFE SPACE A: MUSIC VENUE SPACE B: ENTIRE 1ST FLOOR OFFICE C AVAILABILITY OFFICE B 3RD FLOOR 2ND FLOOR SPACE A 3,019 USF / 3,773 RSF SPACE B 4,943 USF / 6,178 RSF SPACE C 1,082 RSF OFFICE A Only available with full building or full 2nd/3rd floor lease OFFICE B 1,086 USF / 1,358 RSF OFFICE C 258 USF / 323 RSF 4,214 RSF 2ND FLOOR OFFICE A FULL BUILDING TOTAL AVAILABILITY 15,247 RSF 180-15,247 ± RSF
Historic Bethania Mill & Village Shops 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 Electrical Duke Energy Sewer Public Heat Central Water Public Air Central Gas UTILITIES 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. 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. TO LEARN MORE ABOUT THIS PROPERTY, CONTACT: NICK GONZALEZ COLEMAN TEAM Nick@LTPcommercial.com Coleman@LTPcommercial.com