Investment at 2929 Hedrick Mill Road, Lexington NC 27292
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$1,950,000

2929 Hedrick Mill Road, Lexington NC 27292
Lexington, NC 27292
Listed by Samuel Colbert
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2004

About this home

Established event venue with 28 events already booked this year (26 weddings), offering immediate income potential. Situated on 5.1 acres, the property features 8,236 heated SF (10,070 total SF) designed for large gatherings. Located at 2929 Hedrick Mill Rd, it offers two indoor ceremony spaces plus an outdoor ceremony area across the street. Includes groom’s suite with sofas, TV, and pool table, and a spacious bridal suite with loft overlooking reception area. Ample on-site parking for efficient operations. Full commercial kitchen leased at $2,200/month as a commissary, featuring walk-in cooler and freezer. All personal property conveys for a turnkey opportunity. Row-by-row lighting enhances event customization. Ideal for weddings, events, and gatherings. Located in a growing area near Hwy 8 with strong residential and commercial development.

Property details

MLS
Triad MLS
MLS #
1215516
Property type
Investment
Subdivision
N/A
Status
Active
Days on market
178
On market date
April 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Davis-Townsend Elementary
3.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
402
Student:teacher ratio
14.9:1
District
Davidson County Schools
Middle
Central Davidson Middle
2.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
715
Student:teacher ratio
16.6:1
District
Davidson County Schools
High
Central Davidson High
2.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
894
Student:teacher ratio
16.9:1
District
Davidson County Schools

Walkability

Blended score for Lexington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

21
Car-dependent
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable

Mortgage calculator

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Est. monthly payment
$11,893/mo
$390,000 down
$1,560,000 loan
Principal & interest$10,118
Property tax (est.)$1,625
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated September 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.