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Historic Event Center with Commercial Kitchen

866 W 2600 N Pleasant Grove, UT 84062

866 W 2600 N, Pleasant Grove, UT, 84062
$5,989,000
For Sale
$5,989,000

Historic late-1800s venue with three indoor event spaces, outdoor amphitheater, and a commercial kitchen on landscaped grounds.

Property Size20,405 SF
Lot Size2.80 Acres
Price / SF$293.51
Days on Market182

Property Features for 866 W 2600 N

General Information

Standard status
Active
Size
20,405 SF
Lot size
2.80 Acres
Listing agency Sky Realty
Listed by Jacob Hannemann · License #11460215
Source Exprealty
Added: Jan 20 Updated: Jul 21 at 6:26AM Checked: Jul 21 at 6:26AM

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 Sky Realty


Investment Insights

Based on property information with market context.

Stone Gate Events Center is a historic event property originally built in the late 1800s as the Old Manila Church. The venue offers three distinct indoor event spaces: the Candlelight Chapel, Grand Ballroom, and Great Hall, along with landscaped outdoor event areas including the Hidden Grove amphitheater. A commercial kitchen is included, and the property’s grounds have been maintained with ongoing restoration and continuous improvements by dedicated ownership.

Located at 866 W 2600 N in Pleasant Grove, Utah, the property spans 2.803 acres and provides strong infrastructure for high-capacity events. The center has hosted over 1,000 events, with the facility designed for weddings, celebrations, and community gatherings.

With its combination of preserved historic character and modern event functionality, Stone Gate provides multiple event-ready spaces and operational support features, including an on-site commercial kitchen and outdoor amphitheater setting.

Key Highlights

  • Stone Gate Events Center in Pleasant Grove, Utah, is a historic event property on 2.803 acres.
  • Total area: 20,405 SF, originally built in the late 1800s as the Old Manila Church.
  • Three indoor event spaces: Candlelight Chapel, Grand Ballroom, and Great Hall.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $509.3k $24.96
− Vacancy −$21.4k −$1.05
EGI $487.9k $23.91
− OpEx −$122.0k −$5.98
NOI $365.9k $17.93
20,405 SF · lease $24.96/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$5.23M
$4.57M – $6.10M (±1% cap)
NOI $365,938 @ 7.0% cap · market cap 6.11%
Second Best
Industrial
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,489 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$5.62M
$4.92M – $6.56M (±1% cap)
NOI $393,735 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Wedding venues

Suggested Use

Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center Auto Repair Shop Nail Salon Pharmacy Big Box & Wholesale Store Parking Lot & Garage

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

FAQs

What type of property is this?
Wedding venue - Historic late-1800s venue with three indoor event spaces, outdoor amphitheater, and a commercial kitchen on landscaped grounds.
Where is this wedding venue located?
The property is located at 866 W 2600 N Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $5,989,000.
What are key features of this property?
This property features: Stone Gate Events Center in Pleasant Grove, Utah, is a historic event property on 2.803 acres.; Total area: 20,405 SF, originally built in the late 1800s as the Old Manila Church.; Three indoor event spaces: Candlelight Chapel, Grand Ballroom, and Great Hall.
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