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7920 E Washington Street Ext - Historic Event Venue

4,951 SF Specialty Building Offered at $2,200,000 in Mebane, NC 27302

Investment Highlights

  • Municipal Sewer Is Being Connected By Seller. To Be Completed Before Closing.
  • g Amenities: Kitchen, Bridal Suite, Three Full Bathrooms, Covered Pavilion, Expansive Lawn Area, & Pond.

Executive Summary

“The White House” is a Historic Event Venue located on E. Washington Street near Downtown Mebane. The Structure was fully renovated in 2020.
The structure/building is an approximately 4,951 square foot, two story, renovated historic home. The property is approximately 5.61 acres and includes a pond and a covered pavilion adjacent to the building.
The property is zoned B-2 (CD). The property was previously zoned R-20 (single family residential). While not the present use, it may be possible to have the property rezoned for single family use.
The property is currently being used as an event venue. The name of the venue is The White House. The website is as follows: https://www.thewhitehouseonwashington.com/ Please note this is not an offering for the sale of a business. In addition, the venue has never been fully operational, so there are no financials to provide relative to the operations of the venue and the property. There is a very nice video of the property on the website, in addition to information about The White House.
The White House is located between the Triad and the Triangle, providing convenient access to Greensboro, Chapel Hill, Durham, and Raleigh. The property is located near Downtown Mebane (https://www.visitdowntownmebane.com/about-us), which provides restaurants and shopping.
A great opportunity to purchase recently renovated venue space!!

Property Facts

Price $2,200,000
Price Per SF $444
Sale Type Investment or Owner User
Property Type
Specialty
  • Specialty Lodge Meeting Hall
Building Class B
Lot Size 5.61 AC
Building Size 4,951 SF
No. Stories 2
Year Built/Renovated 1890/2020

Amenities

  • Air Conditioning

zoning

Zoning Code B-2 (CD) (Conditional Business 2 Commercial Zoning for use as Retreat/Conference Center, Bed & Breakfast, Tourist Home, Arts & Crafts Shows.)
B-2 (CD) (Conditional Business 2 Commercial Zoning for use as Retreat/Conference Center, Bed & Breakfast, Tourist Home, Arts & Crafts Shows.)
  • Listing ID: 33376900

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 7920 E Washington Street Ext, Mebane, NC 27302

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