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Established Event Venue For Sale
For Sale
$2,200,000

2929 Hedrick Mill Road, Lexington, NC 27292

Turnkey event venue with immediate income potential on 5.1 acres.

Property Size8,236 SF
Lot Size5.10 Acres
Price / SF$267.12
Days on Market290

Property Features for 2929 Hedrick Mill Road

General Information

Standard status Active
Size 8,236 SF
Lot size 5.10 Acres
Property subtype Investment

Building Details

Year Built 2004
Listing Agency: J. Marshall Realty
Listed By: Samuel Colbert · License #335858
Source: Xome
Added: Nov 16, 2025 Changed: Sep 2 Last Checked: Sep 1 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. Marshall Realty

Investment Insights

Based on property information with market context.

This established event venue, situated on 5.1 acres, features 8,236 heated square feet (10,070 total square feet) designed for large gatherings. The property is located near Hwy 8 in a growing area with strong residential and commercial development. It includes two indoor ceremony spaces and an outdoor ceremony area. The venue also offers a groom’s suite with sofas, a TV, and a pool table, as well as a spacious bridal suite with a loft overlooking the reception area. Ample on-site parking is available. A full commercial kitchen, currently leased at $2,200 per month as a commissary, includes a walk-in cooler and freezer. All personal property conveys, offering a turnkey opportunity. Row-by-row lighting enhances event customization. The property is ideal for weddings, events, and gatherings, with 28 events already booked this year, including 26 weddings, providing immediate income potential.

Key Highlights

  • Established event venue with 28 events booked this year (26 weddings), providing immediate income.
  • 5.1‑acre property with 8,236 heated SF (10,070 total SF)** designed for large gatherings.
  • Two indoor ceremony spaces plus an outdoor ceremony area.

Property Analytics

Current Use

Morrison Grove Wedding Service

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Electrical Service Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Turnkey event venue with immediate income potential on 5.1 acres.
Where is this wedding venue located?
The property is located at 2929 Hedrick Mill Road Lexington, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Established event venue with **28 events booked this year (26 weddings)**, providing immediate income.; 5.1‑acre property with 8,236 heated SF (10,070 total SF)** designed for large gatherings.; Two indoor ceremony spaces plus an outdoor ceremony area.
More about this property
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