7920 Washington St Mebane, NC 27302
- Specialty properties
- 4,951 SF
- 5.61 lot acres
Current Use by Public Records
- The White House on Washington / Event Venue / Photography Service
Property Details for 7920 Washington St
- Lot size
- 5.61 lot acres
- Property size
- 4,951 SF
- Property type
- Specialty properties
- Property subtype
- Churches & religious facilities
Description
This exceptional property presents a unique investment opportunity. "The White House," a historic event venue, boasts 4,951 square feet of renovated space within a charming two-story building. Situated on a picturesque 5.61-acre lot, the property includes a tranquil pond and a convenient covered pavilion. Fully renovated in 2020, this meticulously updated building offers ample space for various events. The property's B-2 (CD) zoning allows for continued use as an event venue, while its previous R-20 zoning suggests potential for rezoning to single-family residential use, subject to local approvals. Conveniently located near Downtown Mebane, NC, this venue benefits from proximity to restaurants and shopping, and enjoys easy access to Greensboro, Chapel Hill, Durham, and Raleigh. While currently operating as an event venue, please note that no operational financials are available as the venue has not been fully operational. This offering is for the sale of the real estate only; it does not include the business. The property's website offers a virtual tour and additional details. This is a rare chance to acquire a beautifully renovated historic property with significant potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mebane
- County
- Orange
- State
- North Carolina
- Longitude
- -79.2572
- Latitude
- 36.0928
