50
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$2,750,000
Est. payment /mo
Active
2929 Hedrick Mill RD Lexington, NC 27292
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UPDATED:
12/11/2024 08:49 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1164444
HOA Y/N No
Originating Board Triad MLS
Property Description
10,000+ SF. Leased Industrial Kitchen for passive income. Extra lot across the street. Impressive profits with bookings secured into 2025! Turnkey venue able to host 2 events simultaneously. Newly added mobile bar, perfect for semi-outdoor ceremonies or cocktail receptions. Luxurious and private bridal suite, designed for comfort and relaxation. Hair and makeup-ready facilities featuring wrap around vanity with mirrors and an upstairs space to get dressed. Groom's Suite includes a pool table and cozy couches, ideal for pre-ceremony gatherings. Fully equipped industrial kitchen currently leased by Catering company ($5,000/mth) with rent increases annually. All kitchen equipment owned and conveying with sale. Located on 3.2 acres with a 1.9 acre parcel across the street for additional parking. Over $275,000 in upgrades: commercial grade septic system ($21,000) upgrade in 2023, $50,000+ in electrical upgrades for enhanced functionality, and newly added shrubbery and tree dividers.
Location
State NC
County Davidson
Building
New Construction No
Others
Special Listing Condition Owner Sale
Listed by McKenzie Real Estate of NC LLC