201 E Hill St, Benson, NC 27504
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
OFR · Benson, NCBenson. 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.