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.
MLS# | 1164444 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 105 |
Listing Provided By | McKenzie Real Estate of NC LLC | Jenna McKenzie |
SQ Feet | 10,203 |
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Zoning | HCCU |
State | NC |
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County | Davidson |
City | Lexington |
Zip Code | 27292 |
Listing VS Median (In 27292) | |
Price: $2,750,000 low | high Med: $289,000 SqFt: 10,203 low | high Med: 1,690 $ / SqFt: $270 low | high Med: $171 On site: 105 low | high Med: 101.000000 |