5795 Old Plank Rd - Churches FOR SALE


Iron Station, NC 28080
$800,000 USD
919-691-4354
5795 Old Plank Rd, Iron Station, NC for Sale
$800,000 USD
Churches - FOR SALE
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NEW


5795 Old Plank Rd
Iron Station, NC 28080


HIGHLIGHTS

  • Historic chapel built in 1887 with modern renovations and ADA compliance.
  • Fully equipped and booked business for immediate turnkey operation.
  • Landscaped grounds with terrace, walking trails, and outdoor event spaces.
  • Commercial zoning supports ease of use for new ownership.
  • Includes furniture, décor, glassware, and event inventory valued at $33,000.
  • Sale price of $800,000 with total improvements and inventory included.

OVERVIEW

This unique wedding and event venue in Iron Station, North Carolina offers buyers a rare opportunity to acquire a fully operational business and a piece of local history. The property features a charming chapel originally constructed in 1887, blending historic character with modern updates. Recent renovations include ADA-compliant upgrades, refreshed interiors, and improved grounds, ensuring ease of use for new ownership. The venue is commercially zoned and comes fully equipped with furniture, décor, and inventory, allowing for a turnkey transition. Outdoor enhancements such as a terrace, walking trails, and landscaped gardens create an inviting atmosphere for weddings and special events. The property also includes a gravel parking lot, paved entryway, and electrical improvements. Financial highlights show stabilized net income projections for 2025 at over $40,000, with a property NOI of $33,339.72 and a total package value of approximately $787,203, including improvements and inventory. Offered at $800,000, this asset combines operational readiness with long-term growth potential in a thriving events market.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

R-T

APN/PARCEL ID

02782

ASK ABOUT THIS PROPERTY

Michael DupreeBCB Real EstateMore Info
919-691-4354

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Michael DupreeBCB Real EstateMore Info
919-691-4354

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