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    201 Hill St Benson, NC 27504

    Sponsored
    For Sale
    $899,900

    Elegant B&B, Wedding Venue, Fully Equipped

    Property size:
    8,340 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This stunning 8,340 square foot property located at 201 E Hill Street in Benson, NC, presents a unique investment opportunity. The historic Preston Woodall House is currently operating as a thriving bed and breakfast and a highly sought-after wedding venue. The property boasts an elegant ballroom exceeding 2,800 square feet, perfect for large-scale events. An outdoor wedding pavilion, complete with a waterfall and meticulously landscaped grounds, provides a picturesque setting for ceremonies. The sale includes all existing equipment, tables, chairs, and a collection of exquisite antique furniture, ensuring a seamless transition for the new owner. Situated on a 0.49-acre lot, this property offers ample space for both indoor and outdoor activities. The asking price of $899,900 is significantly below the assessed tax value, representing exceptional value for a turnkey operation in a desirable location. This established business is ready for a new owner to continue its success and capitalize on the growing demand for unique event spaces and charming bed and breakfasts in the Benson area. The property's rich history and impressive features make it an ideal investment for those seeking a profitable and prestigious venture. All aspects of the business are included in the sale, allowing for immediate operation and revenue generation. Don't miss this rare opportunity to acquire a fully equipped and established business in a thriving community.

    Property Features for 201 Hill St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,340 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benson
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.54487
    Latitude
    35.38258

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    FAQs

    What type of property is this?
    Commercial real estate - Elegant B&B, Wedding Venue, Fully Equipped
    Where is this commercial real estate located?
    The property is located at 201 Hill St Benson, NC.
    What is the asking price?
    The asking price for this property is $899,900.
    (919) 773-0991
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    201 Hill St Benson, NC 27504
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    Benson, NC 27504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Hill St Benson, NC 27504
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