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31434485
31434526

2929 Hedrick Mill Rd, Lexington, NC 27292 For Sale

TC
NC 335858
J Marshall Realty
Listed by J Marshall Realty
$2,200,000
99 days on market
Updated 99 days ago

Morrison Grove Wedding Venue

Details
APN 1500900000026
Property Type Mixed Use, Special Purpose
Sub Type Religious/Church, Sports/Entertainment (+1)
Square Footage 10,084
Keys 2
Tenancy Single
Lease Type Gross
Price per SqFt $218
Broker Co-Op Yes
Buildings 1
Acreage 5.100
Zoning CZHC and RA2
Parking Spaces 67 spaces
Parking per 1,000 SqFt 6.64
Investment Type Owner/User
Occupancy Date 12/01/2025
Ground Lease No
Sale Condition For sale by owner

Wedding Venue with over 20 events planned this year!

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.

Investment highlights

Currently operated as a wedding venue

Established booking calendar with events scheduled throughout the year

Immediate revenue potential for new ownership

±10,000 SF building designed for large gatherings

±5-acre site offering privacy and event appeal

Fully equipped commercial kitchen for catering and events

Strong regional access with proximity to I-85

Opportunity to grow and scale the existing event business

Listing Contacts

TC
NC 335858
J Marshall Realty
Listed by J Marshall Realty

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Additional Information

Name
Tanner Colbert
License
335858
Brokerage
J Marshall Realty
Brokerage Phone
3367640000
Title
Real Estate Broker
Brokerage Address
200 South State Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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