Preston Woodall House
Welcome to Timeless Elegance – Your Dream Wedding & Event Venue
Marketing description
Historic Wedding Venue & Boutique Hospitality Opportunity
Preston Woodall House | Benson, North Carolina
Offered at $1,195,000
A rare opportunity to acquire one of North Carolina's most iconic historic event properties.
Welcome to the renowned Preston Woodall House, a beautifully restored circa-1910 estate that formerly operated as a premier wedding venue, event destination, and bed & breakfast. Located in the heart of Downtown Benson, this extraordinary property blends timeless Southern elegance with exceptional commercial potential.
The centerpiece of the property is the stunning Cora Lily Grand Ballroom, complemented by elegant parlors, guest accommodations, beautifully landscaped grounds, and multiple indoor and outdoor gathering spaces designed to host weddings, receptions, corporate retreats, private events, and special occasions.
Prior to the COVID pandemic, ownership reports the venue generated approximately $1 million annually in gross revenue through weddings, lodging, and event operations. While the property has remained inactive in recent years, extensive improvements have been completed to prepare it for its next chapter, including ballroom enhancements, interior and exterior painting, flooring upgrades, wallpaper restoration, plumbing improvements, drainage work, deep cleaning, and numerous capital improvements throughout the property.
The Preston Woodall House presents a unique value-add opportunity for investors, hospitality groups, wedding venue operators, boutique inn owners, restaurateurs, and entrepreneurs seeking to revive an established destination property with a proven operating history.
Potential uses include:
• Wedding & Event Venue
• Boutique Hotel or Bed & Breakfast
• Corporate Retreat Center
• Private Club or Membership Venue
• Restaurant & Event Concept
• Luxury Estate Residence
• Mixed-Use Hospitality Development
With approximately 8,000+ square feet of historic improvements, irreplaceable architectural character, and a prime location within easy reach of Raleigh, Fayetteville, I-95, and the rapidly growing Triangle region, the Preston Woodall House offers a combination of history, charm, and business opportunity rarely available in today's market.
Whether you envision restoring its legacy as a thriving wedding venue, creating a boutique hospitality destination, or establishing a one-of-a-kind event experience, this landmark property is ready for its next steward to bring it back to life.
Historic. Elegant. Profitable. Opportunity Awaits.
Investment highlights
Historic Hospitality & Event Venue Opportunity
Preston Woodall House | Benson, NC
Offered at $1,195,000
The Preston Woodall House presents a rare opportunity to acquire one of Eastern North Carolina's most recognizable historic hospitality assets. Situated in Downtown Benson, this landmark property previously operated as a successful wedding venue, event center, and bed & breakfast destination serving guests from throughout North Carolina and beyond.
The property features approximately 8,340–9,595 square feet of historic improvements, highlighted by the renowned Cora Lily Grand Ballroom, multiple guest accommodations, elegant parlors and gathering rooms, expansive entertaining spaces, outdoor event areas, and significant architectural character throughout.
Recent ownership has invested more than $80,000 in capital improvements, including ballroom renovations, interior and exterior painting, flooring upgrades, drainage improvements, plumbing repairs, wallpaper restoration, exterior repairs, deep cleaning, pressure washing, and related property enhancements.
The venue ceased operations during the COVID pandemic and has remained largely inactive, creating a unique value-add opportunity for an investor or operator seeking to reactivate an established venue platform without the development costs associated with building a comparable facility today.
Potential uses include:
• Wedding & Event Venue
• Boutique Inn / Bed & Breakfast
• Corporate Retreat Center
• Hospitality & Special Events Destination
• Restaurant & Event Concept
• Mixed-Use Commercial Redevelopment
• Private Club or Membership Venue
• Luxury Private Estate
According to ownership, the venue historically generated approximately $1,000,000 annually in gross revenue during active operations. Financial information, historical operating data, and property details will be provided subject to buyer verification and due diligence.
The combination of historic significance, event infrastructure, recent capital improvements, and strategic location within a growing North Carolina market makes the Preston Woodall House a truly unique acquisition opportunity.
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