UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision G Aldrich
MLS Listing ID 20969606
Total Fin. Sqft 11163
Year Built 2007
Lot Size 39.360 Acres
Acres 39.36
Property Sub-Type Business
Property Description
Discover a premier investment opportunity with this stunning 39 acre property situated just minutes from Cedar Creek Lake, offering a rare business opportunity in a gorgeous rural setting.
Located outside Malakoff city limits with approx. 1,063 LF of frontage along the State Hwy 31 the property features a picturesque 2+ acre lake and a total gross building area of approx. 11,163 SF with 3 buildings providing 10,082 SF of heated and cooled space.
The 3,524 SF main residence has 3 bedrooms, 3.5 baths, a private guest suite, formal dining room, office space, and a swimming pool sun terrace.
The events centre is 3283 SF (54.5' x 60.3') and was converted to its present use in 2018-2019. It has a main room with vinyl wood laminate flooring and a cathedral design ceiling with LED lighting with a partitioned kitchen, two restrooms, and a mechanical room. Two sets of sliding doors lead to an outdoor covered area of approx. 3423 SF. The main room has a projector and screen and speakers are installed inside and outside.
The Chapel, built in 2022 provide 3220 SF (40.1' x 80.3') with separate rooms for the bride and groom room to get ready in, appropriately decorated, both with restrooms. A third restroom in the vestibule adjacent to a small sound room. The remainder of the building is the sanctuary with arched windows, canned lighting, chandeliers and a polished concrete floor. 28 pews provide seating for 224 to 280 people.
Additionally, there are two agricultural buildings, measuring approx. 1080 SF and 476 SF.
This offers a turnkey events business opportunity with the option to acquire its established branding, marketing assets, and vendor relationships. With a good mix of open fields and wooded areas, this land would also be ideal for development, corporate retreats, or hospitality ventures. Whether you're an investor, entrepreneur, or looking for an exceptional property, this estate offers endless possibilities.
Location
State TX
County Henderson
Zoning Outside of City Limits
Direction From the intersection of Loop 7 and Hwy 31 in Athens, head West on 31. After approx. 4.4 miles the entrance to the property will be on the left, accessed from the Eastbound carriageway.
Interior
Heating Central, Zoned
Cooling Central Air, Zoned
Flooring Carpet, Concrete, Simulated Wood, Tile, Wood
Heat Source Central, Zoned
Exterior
Utilities Available City Water, Electricity Connected, Outside City Limits, Septic
Roof Type Composition,Metal,Tile
Garage No
Building
Lot Description Acreage, Many Trees, Water/Lake View
Foundation Slab
Structure Type Brick,Frame,Rock/Stone
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20969606
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