Map of Property

1131 Burke St

For Sale

1131 Burke St, Winston Salem, NC 27101

This Winston Salem property for sale is located at 1131 Burke St. The current listed sale price for 1131 Burke St is $1,375,000. 1131 Burke St is situated on a lot that is 0.08 acre in size.

Contacts

broker
Charlie Fulk

Meridian Realty

Property Details

  • 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.

  

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Getting around

  • 86/100

    Walk Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Winston Salem, NC
  • Neighborhood West End Winston
  • Zip Code 27101
  • Market Winston Salem Greensboro

Points of Interest

  • BP

    0.35 miles

  • Shell

    0.38 miles

  • Exxon

    1.05 miles

  • Kangaroo Express

    1.28 miles

  • Winston-Salem City Yard - Fleet Services

    1.42 miles

  • Citgo

    1.70 miles

  • Tesla Supercharger

    8.12 miles

  • VIP Lot

    0.29 miles

  • Flow Lot

    0.30 miles

  • Media Lot

    0.38 miles

  • Eden Terrace Deck

    0.46 miles

  • Hawthorne Deck

    0.53 miles

  • Adult ER Dropoff

    0.66 miles

  • Parking Deck A

    0.69 miles

  • Parking Deck C

    0.70 miles

  • Liberty Plaza Parking

    0.79 miles

  • Liberty Street Parking

    0.89 miles

  • West End Cafe

    0.20 miles

  • The Quiet Pint Tavern

    0.31 miles

  • First Street

    0.39 miles

  • Spring House Restaurant, Kitchen & Bar

    0.46 miles

  • Grecian Corner

    0.47 miles

  • Bib's Downtown

    0.50 miles

  • That Place in the West End

    0.51 miles

  • Subway

    0.54 miles

  • Chick-fil-A

    0.54 miles

  • Wake Forest Baptist Medical Center Cafeteria

    0.65 miles

  • Whole Foods Market

    0.83 miles

  • Publix

    0.93 miles

  • Harris Teeter

    0.97 miles

  • Asia Grocery

    1.07 miles

  • Trader Joe's

    1.28 miles

  • Marketplace Mall

    1.63 miles

  • Chef Smart

    1.69 miles

  • Compare Foods

    1.70 miles

  • Food Lion

    1.87 miles

  • Burlington

    2.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Charlie Fulk

Meridian Realty