4530 Patterson Rd - Specialty FOR SALE


China Grove, NC 28023
$1,600,000 USD
704-968-3754
4530 Patterson Rd, China Grove, NC for Sale
$1,600,000 USD
Specialty - FOR SALE
1/44
null | Request Cap Rate

4530 Patterson Rd
China Grove, NC 28023


HIGHLIGHTS

  • Historic 1859 estate offering timeless architectural character with modern event infrastructure
  • Multiple revenue-capable event spaces including Magnolia Room, formal rooms, and a 40' x 60' Grand Champ tent
  • Operational improvements such as vendor cottage, groom’s lounge, greenhouse, barn, workshop, and RV storage
  • Renovated catering-ready kitchen with high-end appliances and event-support functionality.
  • Over seven acres of beautifully landscaped grounds ideal for weddings, retreats, and hospitality concepts.
  • Flexible asset suitable for continued venue operations, boutique lodging, or adaptive commercial use (subject to zoning).

OVERVIEW

This exceptional countryside estate presents a rare opportunity to acquire a fully operational wedding and event venue with a rich 19th-century heritage and modern, revenue-ready infrastructure. Located just outside China Grove and approximately 30 miles north of Charlotte, the property combines peaceful rural surroundings with strong regional accessibility, making it an attractive destination for weddings, retreats, private gatherings, and specialty hospitality concepts. Originally constructed in 1859, the estate offers timeless architectural character while featuring extensive upgrades designed to support event operations. The grounds span more than seven beautifully landscaped acres, offering multiple indoor and outdoor event settings that accommodate gatherings of varying scales. The Magnolia Room provides an elegant environment for intimate events, while the formal dining and living rooms can be adapted for ceremonies, cocktail hours, or receptions. A 40' x 60' Grand Champ tent expands capacity for large weddings and celebrations, creating a seamless indoor-outdoor flow. The main structure includes three bedrooms, two full baths, and two half baths, enabling owner-operator residency, on-site staff accommodations, or guest lodging. The kitchen has been renovated to meet event and catering demands, featuring a Zline 6-burner stove with double oven, beverage center, ice maker, trash compactor, and a generous center island. Complementing the primary venue spaces are numerous operational and commercial-support improvements, including a vendor cottage for preparation and storage, a groom’s lounge, a greenhouse, a four-stall barn with dog run, a workshop with covered parking, RV shelter with 50-amp service, and a detached two-car garage with additional covered parking. A hot tub amenity adds to the property’s appeal for hospitality-driven use. With its blend of historic charm, flexible improvements, and income-producing potential, this estate represents a compelling opportunity for buyers seeking a boutique hospitality asset, an established event venue, or a private retreat with future commercial upside. Buyers should verify zoning, permits, and intended uses.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$382 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1859

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.46 AC

LAND SF

324,958 SF

ZONING

RR

APN/PARCEL ID

223-035

ASK ABOUT THIS PROPERTY

Naomi HofertHoward Hanna Allen Tate Real EstateMore Info
704-968-3754

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Naomi HofertHoward Hanna Allen Tate Real EstateMore Info
704-968-3754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.