- For Lease $7,000.00/SF/MO
- Property Type Retail - Restaurant
- Property Size 4,946 SF
- Lot Size 0.41 Acre
- Year Built 1974
- Date Updated May 14, 2026
Description
Adjacent to Ryan's Restaurant — Winston Salem's iconic upscale dining destination
Coliseum Drive corridor — direct connectivity between University Parkway and the Hanes Mall trade area
Minutes to LJVM Coliseum (Joel Coliseum), Wake Forest University, and event traffic
Surrounded by established retail, hospitality, medical office, and corporate uses
Strong daytime population from Hanes mall corridor employment base
Quick access to US-52 / Future I-285 and I-40 via University Parkway and Silas Creek ParkwayThe Former Home of La Carreta — Now Available for the Next Iconic Concept. For 23 years, 725 Coliseum Drive was home to La Carreta Mexican Restaurant — the first La Carreta location in North Carolina, a Winston-Salem institution. Generations of Triad diners know this address. Now, this restaurant property is back on the market, sitting on the road frontage side of Ryan's Restaurant — Winston-Salem's longest-tenured fine dining destination — on one of the city's most established commercial corridors. A Rare High-End Restaurant Opportunity Few addresses in Winston-Salem can credibly support a chef-driven, white-tablecloth concept. This one can. The Coliseum Drive corridor has carried Ryan's for over 40 years, drawing the city's most established diners across generations of ownership. 725 Coliseum offers the next operator a pre-built restaurant footprint, a brick fenced patio with pavers for premium outdoor dining, and a parking ratio that few high-end concepts ever find — all immediately adjacent to a proven fine dining anchor.
Highlights
- 9.85 spaces per 1,000 SF — parking ratio that supports the dinner-rush economics fine dining requires
- Adjacent 5.97-acre HB-zoned tract at 727 Coliseum Drive available separately or as a package — assemblage opportunity for an expanded concept, parking expansion, or future development
- HB zoning with one of the most flexible use sets in the Winston-Salem code
- Pre-built restaurant infrastructure — kitchen footprint, dining areas, bar layout, and outdoor patio already in place
- Proven fine dining corridor — Ryan's has anchored the high-end dining demand on Coliseum Drive for over four decades, validating the trade area for upscale concepts
True
1 Space Available
725 Coliseum Dr
Space Type
Restaurant
Lease Rate
$7,000.00/SF/MO
Total Space
4,946 SF
Divisible Space
4,946 - 4,946 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Contacts
Brandon LaVallee
Reedy Property Group
Location
Located at 725 Coliseum Drive Northwest, Winston-Salem, NC 27106, this property is part of the Old Town Country Club neighborhood and Winston Salem Greensboro market.
Contact Listing Broker
Brandon LaVallee
Reedy Property Group