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2929 Hedrick Mill Rd 10,048 SF Specialty Building Offered at $2,200,000 in Lexington, NC 27292
Investment Highlights
- Established booking calendar with events scheduled throughout the year
- ±10,000 SF building designed for large gatherings
- Fully equipped commercial kitchen for catering and events
- Immediate revenue potential for new ownership
- ±5-acre site offering privacy and event appeal
- Strong regional access with proximity to I-85
Executive Summary
Marketing description
This property is established and comes with 28 events already booked for the year—including 26 weddings—providing immediate income potential from day one.
Featuring 8,236 heated square feet and 10,070 total square feet, and situated on 5.1 acres, this venue is designed to accommodate large gatherings and is ready for its next investor or operator.
Located at 2929 Hedrick Mill Road, the property offers multiple ceremony options, including two indoor ceremony spaces and an outdoor ceremony area just across the street, providing flexibility for a wide range of event styles.
The venue includes a well-appointed groom’s suite complete with three leather sofas, a large mounted TV, and a pool table—creating a premium experience for clients. The bridal suite offers ample space for the bride and bridesmaids, along with an upstairs loft area featuring a mounted TV, sofa, and an overlook of the reception space.
Ideal for weddings, large gatherings, church events, proms, and more, the layout is both functional and inviting. The property also offers ample on-site parking, allowing for smooth and efficient event operations.
An additional income stream is provided by the full commercial kitchen, which is currently leased for $2,200 per month as a commissary kitchen. The kitchen is fully equipped and includes a walk-in refrigerator and walk-in freezer, making it ideal for catering operations or continued lease use.
To further simplify operations, all personal property is included in the sale—helping minimize startup costs and allowing a new owner to step in seamlessly. The main event space also features row-by-row lighting controls, offering flexibility to create the perfect atmosphere for any event.
Located in a rapidly growing area, Lexington continues to see strong residential and commercial expansion. New apartment developments along Highway 8, ongoing residential construction, and major nearby projects such as Nucor, Siemens, and Graycor—all located just miles from the property—are driving population and economic growth, further increasing demand for event and gathering spaces.
This property is established and comes with 28 events already booked for the year—including 26 weddings—providing immediate income potential from day one.
Featuring 8,236 heated square feet and 10,070 total square feet, and situated on 5.1 acres, this venue is designed to accommodate large gatherings and is ready for its next investor or operator.
Located at 2929 Hedrick Mill Road, the property offers multiple ceremony options, including two indoor ceremony spaces and an outdoor ceremony area just across the street, providing flexibility for a wide range of event styles.
The venue includes a well-appointed groom’s suite complete with three leather sofas, a large mounted TV, and a pool table—creating a premium experience for clients. The bridal suite offers ample space for the bride and bridesmaids, along with an upstairs loft area featuring a mounted TV, sofa, and an overlook of the reception space.
Ideal for weddings, large gatherings, church events, proms, and more, the layout is both functional and inviting. The property also offers ample on-site parking, allowing for smooth and efficient event operations.
An additional income stream is provided by the full commercial kitchen, which is currently leased for $2,200 per month as a commissary kitchen. The kitchen is fully equipped and includes a walk-in refrigerator and walk-in freezer, making it ideal for catering operations or continued lease use.
To further simplify operations, all personal property is included in the sale—helping minimize startup costs and allowing a new owner to step in seamlessly. The main event space also features row-by-row lighting controls, offering flexibility to create the perfect atmosphere for any event.
Located in a rapidly growing area, Lexington continues to see strong residential and commercial expansion. New apartment developments along Highway 8, ongoing residential construction, and major nearby projects such as Nucor, Siemens, and Graycor—all located just miles from the property—are driving population and economic growth, further increasing demand for event and gathering spaces.
Property Facts
| Price | $2,200,000 | Lot Size | 5.10 AC |
| Price Per SF | $218.95 | Building Size | 10,048 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2004 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 10/1,000 SF |
| Building Class | B | ||
| Zoning | HCCU - CZHC | ||
| Price | $2,200,000 |
| Price Per SF | $218.95 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 5.10 AC |
| Building Size | 10,048 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Parking Ratio | 10/1,000 SF |
| Zoning | HCCU - CZHC |
Amenities
- Wheelchair Accessible
- Air Conditioning
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 15-009-0-000-0026-0-0-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $829,360 |
Property Taxes
Parcel Number
15-009-0-000-0026-0-0-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$829,360
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J Marshall Realty
2929 Hedrick Mill Rd
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