23122 Nc Hwy 109, Denton, NC 27239-7869
For Lease
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This exceptional 5.02-acre property located at 23122 NC Highway 109, Denton, NC, presents a unique investment opportunity. Formerly known as Willow Falls, this rustic and charming venue boasts ample indoor and outdoor space, catering to diverse customer preferences. The main building includes a fully functional bar, a sizable kitchenette area, separate men's and women's restrooms, a dedicated bridal suite, and a groom's room. All the essential elements for a successful event space are already in place. Furthermore, a substantial separate storage building offers significant expansion potential. This structure could be maintained as is, or creatively repurposed to increase the venue's capacity and functionality, generating additional revenue streams. The property's existing infrastructure and versatile layout provide a solid foundation for a thriving business. The asking price for this turnkey event venue is $625,000. This presents a rare chance to acquire an established business with significant upside potential in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. Don't miss this opportunity to own a piece of Denton's vibrant event scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
HC · Denton, NCDenton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.