Address
9622 US Highway 311, Archdale, NC
Price
$ 7,000,000
Property Attributes
  • MLS#2533889
  • TypeCommercial
  • CountyRANDOLPH
  • CityArchdale
  • AreaRandolph
  • Zip27263
  • Style
  • Taxes$ 14887
  • Price$ 7,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size23 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

A rare successful owner user venue property with the value add of additional revenue streams. Located in the High Point area this event compound is offering a fully furnished luxurious main estate building with two commercial grade kitchens, additional event barn, bridal salon and Chapel all nestled beside large pond on a professionally landscaped 23 plus acres retreat. Great Owner User opportunity, the event business is rather lucrative continues to rise every year, making it a rather safe long-term investment and addition to a real estate portfolio or for Investors interested in hiring a management company to run the business.

Price History
9/24/2023 Listed $8,000,000
10/27/2023 13% - $7,000,000

General Features

Interior Features Entrance Foyer
Heating Central,Electric
Cooling Central Air
Utilities Electricity Available,Septic Available,Water Available
Roof Composition,Metal
Construction Materials Brick,Exterior Duct-Work is Insulated
Building Name Lazy E Farm
County Randolph
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
Directions I-40 W and I-85 S to S Main St in Archdale. Take exit 111 from I-85 S Turn left onto S Main St. Pass by Dollar General (on the left in 0.3 mi) Destination will be on the left
City Archdale
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 1001880
Waterfront Y/N No
Carport Y/N No
Street Name US Highway 311
Property Attached Y/N No
Tax Annual Amount 14887
Lease Considered Y/N No
Days on Market 152
Building Area Units Square Feet
Standard Status Active

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Lot Size Area 23
Foundation Details Slab
Spa No
Lot Dimensions 2002 x 1065 x 901 x 349 x 259 x 220 x 449 x 344 x 539
Lot Size Acres 23
Lot Size Units Acres
Open Parking Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27263

Price
AVG $7M
$7M
Taxes
AVG $14,887
$14,887
Visits
AVG 56
56
Data Provided by Inside Real Estate®