Vacant-User
The Patterson
101 N Patterson St, Valdosta, GA 31602
Listing Price: $2,280,000
Investment Overview
The Patterson House offers the opportunity to acquire a premier event venue in the heart of historic downtown Valdosta. Located on North Patterson Street, the property operates as a full-service venue for weddings, corporate events, reunions, and private celebrations, featuring a two-story layout with dedicated bridal and groom suites.
The property has recently undergone significant exterior renovations and improvements, providing a turnkey investment with minimal near-term capital needs. Positioned within a growing downtown corridor, The Patterson House is expected to benefit from a nearby mixed-use development scheduled for completion in 2027, bringing additional residential density and retail activity to the area.
Strong local demand is supported by major employers and institutions, including Moody Air Force Base, South Georgia Medical Center, and Valdosta State University. Flexible commercial zoning provides future operational and redevelopment potential, while ownership is willing to provide transition support to ensure a seamless handoff for a new investor.
Investment Highlights
- Full-Service Event Space - Hosts weddings, reunions, corporate events, and private celebrations across two floors, complete with luxury VIP bridal and groom suites.
- Recently Renovated - Complete exterior renovation and repainting of all event spaces following Hurricane Helene, delivering a move-in ready asset.
- Seller Support - Owner willing to remain for up to 12 months post-close to ensure a seamless operational transition.
- High-Growth Market - A $15M mixed-use development (54 residential units + retail) delivers Spring 2027, adding immediate built-in foot traffic to the corridor.
- Strong Demand Drivers - Within close proximity to Moody AFB (8,000 personnel), South Georgia Medical Center (2,700 employees), and Valdosta State University (2,400+ staff).
- Prime Location - Situated on N. Patterson Street, the vibrant center of Valdosta's downtown, surrounded by government offices, local shops, and a growing restaurant and bar scene.
- Commercial Zoning - Flexible use with broad operational and redevelopment potential.
Exclusively Listed By
Broker of Record
-
John M. Leonard
Senior Managing Director, Market Leader- Atlanta
Financing By
Listing Price: $2,280,000
Investment Highlights
- Full-Service Event Space - Hosts weddings, reunions, corporate events, and private celebrations across two floors, complete with luxury VIP bridal and groom suites.
- Recently Renovated - Complete exterior renovation and repainting of all event spaces following Hurricane Helene, delivering a move-in ready asset.
- Seller Support - Owner willing to remain for up to 12 months post-close to ensure a seamless operational transition.
- High-Growth Market - A $15M mixed-use development (54 residential units + retail) delivers Spring 2027, adding immediate built-in foot traffic to the corridor.
- Strong Demand Drivers - Within close proximity to Moody AFB (8,000 personnel), South Georgia Medical Center (2,700 employees), and Valdosta State University (2,400+ staff).
- Prime Location - Situated on N. Patterson Street, the vibrant center of Valdosta's downtown, surrounded by government offices, local shops, and a growing restaurant and bar scene.
- Commercial Zoning - Flexible use with broad operational and redevelopment potential.
Investment Overview
The Patterson House offers the opportunity to acquire a premier event venue in the heart of historic downtown Valdosta. Located on North Patterson Street, the property operates as a full-service venue for weddings, corporate events, reunions, and private celebrations, featuring a two-story layout with dedicated bridal and groom suites. The property has recently undergone significant exterior renovations and improvements, providing a turnkey investment with minimal near-term capital needs. Positioned within a growing downtown corridor, The Patterson House is expected to benefit from a nearby mixed-use development scheduled for completion in 2027, bringing additional residential density and retail activity to the area. Strong local demand is supported by major employers and institutions, including Moody Air Force Base, South Georgia Medical Center, and Valdosta State University. Flexible commercial zoning provides future operational and redevelopment potential, while ownership is willing to provide transition support to ensure a seamless handoff for a new investor.
Exclusively Listed By
Broker of Record
-
John M. Leonard
Senior Managing Director, Market Leader- Atlanta
Financing By