$2,750,000
( $269.53Per Sq Foot )
 $14,763 est/mo Sourced by Back At You

2929 Hedrick Mill Road , Lexington, NC 27292

Lexington, NC 27292

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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#1164444
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site105
Listing Provided ByMcKenzie Real Estate of NC LLC | Jenna McKenzie

Features

SQ Feet10,203
ZoningHCCU

Market Activity 27292

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Learn More About This Property

StateNC
CountyDavidson
CityLexington
Zip Code27292
Listing VS Median (In 27292)
Price:
$2,750,000
low | high
Med:
$289,000
100% of Average
SqFt:
10,203
low | high
Med:
1,690
100% of Average
$ / SqFt:
$270
low | high
Med:
$171
86.553695535234% of Average
On site:
105
low | high
Med:
101.000000
100% of Average
Sourced by Back At You
Listing Updated: January 24, 2025 at 3:22:48 PM PST
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