$2,750,000
For Sale

2929 Hedrick Mill Road

Lexington, NC 27292
Browse 48 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Parcel Number1500900000026
      • Original List Price$2,750,000
      • Property TypePurchase
      • CountyDavidson
      • Property SubtypeBusiness
      • MLS #4206677
      • Cost2750000
      • MLS #4206677
      • Year Built2004
      • Days on Market (Cumulative)3

Location

Eric MannReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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