2929 Hedrick Mill Road , Lexington, NC 27292
Lexington, NC 27292
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.
Details
| MLS# | 4206677 |
|---|---|
| Listing Type | For Sale |
| Style | Other Business Opportunity |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 17 |
| Listing Provided By | McKenzie Real Estate of NC | Jenna McKenzie |
Features
| Acreage | 5.10 |
|---|
Market Activity 27292
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Learn More About This Property
| State | NC |
|---|---|
| County | Davidson |
| City | Lexington |
| Zip Code | 27292 |
| Area | Davidson |
| Listing VS Median (in 27292) | |
Price: $2,750,000 low | high Med: $277,898 On Site: 17 low | high Med: 145.000000 | |