2929 Hedrick Mill Road Active

Lexington,NC 27292

$ 2750000

- Bed

- Bath

10203 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,203 sqft

Price per Sqft $269

MLS Listing ID 10066895

Year Built 2004

Annual Tax Amount $5,307

Lot Size 5.100 Acres

Property Sub-Type Business

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

Story 1

New Construction No

Others

Special Listing Condition Standard

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