201 E Hill St, Benson, NC 27504

Beds
5
Baths
5
Sqft
7,683

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Listed byEXP Realty LLC
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Overview

Historic Preston Woodall House | Wedding & Event Venue Opportunity | $1,195,000 Step into one of Johnston County's most iconic historic properties. The renowned Preston Woodall House offers a rare opportunity to own a beautifully restored estate that previously operated as a successful wedding and event venue, bed & breakfast, and special events destination. Originally built in 1910, this remarkable property blends timeless Southern elegance with commercial versatility. Guests are welcomed by grand architectural details, expansive gathering spaces, beautifully appointed guest rooms, and the impressive Cora Lily Grand Ballroom—an elegant venue space capable of hosting weddings, receptions, corporate events, private parties, retreats, and special occasions. Over the past year, the property has undergone extensive improvements, including significant interior and exterior painting, ballroom enhancements, flooring upgrades, wallpaper restoration, plumbing improvements, drainage work, pressure washing, window cleaning, and other capital improvements designed to prepare the property for its next chapter. The venue ceased operations during the COVID pandemic and has remained largely dormant since; however, the infrastructure, historic charm, and event-oriented layout remain in place, presenting a unique opportunity for an entrepreneur, hospitality operator, event company, boutique inn owner, or investor to reestablish a thriving destination venue. According to the seller, the property previously generated approximately $1,000,000 annually in gross revenue during its peak operating years. Buyers are encouraged to independently verify all business-related information. Located in the heart of Downtown Benson, this property offers convenient access to Raleigh, Fayetteville, I-95, and the rapidly growing Triangle region. Opportunities to acquire a historic venue property with this level of character, history, and business potential are exceedingly rare. Whether envisioned as a wedding venue, boutique inn, corporate retreat center, event destination, restaurant concept, mixed-use hospitality property, or grand private residence, the Preston Woodall House is ready for its next steward to bring this landmark property back to life. Some images have been virtually staged to suggest the intended use and true potential of the spaces. The Preston Woodhall House has not operated since Covid in 2021. No financial records from 2022 - Current.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
5
Number of bathrooms
5
Square feet
7,683
Lot size (acres)
0.49
Year built
1910

Interior features

Laundry
Main Level, See Remarks

Utilities

Heating
None, Natural Gas, Fireplaces
Cooling
Central Air, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$15,146.41

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Triangle MLS MLS®#: 10175200 Last checked:

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