INCREDIBLE EVENT VENUE OPPORTUNITY

Business Opportunity for Sale
Sale Pending/Contingent
Also listed as Special Purpose, Hospitality
Catylist Listing ID: 30868557
Property Subtypes: Real Estate
Status: Pending/Contingent
Building Size (RSF): See Agent
Sale Price: $689,900
Name of Establishment: Celebration Barn
Business Website Address: https://celebrationbarnky.com/
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Sale Terms: Cash to Seller
Last Updated: 4/6/2024

Overview / Comments

SO MANY POSSIBILITIES available for INVESTORS! Nestled on a beautiful 6.77 acres, this property has SO MUCH TO OFFER! The EVENT VENUE called CELEBRATION BARN is a renovated barn featuring 4,556 sf of space w/concrete floors, hand stained wood siding on interior walls/ceiling, 8' deep wrap around porch, metal roof, 5 ton HVAC unit & mini split heat/air unit, Men's & Women's restrooms, bar area, kitchen area w/sink, bride & groom rooms, charming chandeliers, and plenty of room for tables and dance floor. The current owners added a very large Tuff Shed near the barn/venue within the last 5 years to allow for additional storage. The event venue has a thriving business and with potential for further expansion. There is a 1721 sf 3 bed/2 full bath ranch style home that was originally utilized as a space for bridal party to use before their weddings...currently it is a rental (month to month tenant) adding additional income to the property. The home features a spacious open floor plan kitchen with large island and dining area, family room with the brick hearth fireplace, large mudroom and the primary bedroom has ensuite primary bath w/stand alone shower & jetted tub. Additional possibilities for updating the quaint gazebo next to the stream to utilize for events if home is used once again for the event venue purposes. The detached garage needs TLC but has so much potential. It is approximately 34'x37' with 2 stories, 2 garage doors, metal roof and vinyl siding. It had a kitchen and bath at one time so does have electric and plumbing; however, the owner has not used and not sure if it is functional. There is potential for the 2nd floor to be made into an incredible area for storage or possibly used for venue purposes (currently the flooring on 2nd floor is in disrepair). There is an additional outbuilding next to the garage (also needing some TLC) with great potential for added storage, etc. There is a full farm fence around the property with a pasture partitioned off as well. A farm gate is at entrance for added privacy/security. There are 2 septic systems that owners are aware of...one is behind the home and a new system was added by the current owners after purchase when renovating the barn. Recent improvements to the home include freshly painted porch, newer mini blinds in front room, and carpets freshly cleaned. Furnace/AC updated approximately 5 years ago, and new toilet installed end of February 2024.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Industry Segment: Commercial Real Estate Brokers
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,489 3,906 11,862
Median Age: 45.4 40 38.37
Households: 567 1,398 4,198

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