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Property profile & analytics
FOR SALE
Commercial real estate

201 E Hill St Benson, NC 27504

8,053 SF 0.49 ac lot Built 1910
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US53-0376221
No photos on file
For Sale
$1,195,000 8,053 SF
201 E Hill St, Benson, NC 27504
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Total area 8,053 SF
Lot 0.49 ac (21,344 SF)
Zoning code OFR
APN 1016032
UPID US53-0376221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Louis D Harring · 5 yrs held
Louis D Harring
since 2020
Last sale
$80,000
6 recorded transactions
2022
Price N/A
2020
Price N/A
2017
Price N/A
2004
Price N/A
2004
$80,000
1969
Price N/A
Zoning & alternative use
OFR · Benson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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