Property Attributes
- MLS#20290218
- TypeCommercial
- CountySMITH
- CityFlint
- NeighborhoodJ M Acosta
- Zip75762
- StyleBusiness
- Year Built1980
- Taxes$ 28128
- Price$ 12,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size19.154 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
What a rare opportunity to purchase a unique property on Lake Palestine with endless options, 19+ acres, 2,600+ HWY frontage, 570+Waterfront, 33,000+ of improvements all with a Beautiful Sunset. Currently used an Wedding Venue, Event Center, Vrbo Lodging,Offices and Beach Club with Boat Launch, Swimming & Fishing. Design plan ideas available for expanded Event Center, Hotel,Restaurant, Exclusive RV Park, Marina and more. Owner is willing to discuss a Partnership or Investor Interest The Lodging throughVrbo (3034837) offers 6 private bedrooms, 12 beds and up to 19 guests. Two full baths, kitchen, living room, deck or patio and access to afully equipped gym, hot tub, beach, gorgeous common area with a pool table and outdoor palapa. The Venue is perfect for indoor oroutdoor lake front weddings with that gorgeous sunset. See full property description attached.
Price History | |
---|---|
12/8/2023 | Listed $12,500,000 |
General Features
Heating | Central,Electric |
---|---|
Cooling | Central Air,Electric |
Utilities | City Sewer,City Water,Electricity Available,Sewer Available |
Ceiling Height | Other |
Possession | Closing/Funding |
Roof | Composition,Other |
Year Built | 1980 |
Tenant Pays | None |
Topography | Level Rolling Sloped Hill Side |
Business Type | Bar/Tavern/Lounge,Bed & Breakfast,Commercial,Dance Studio,Hotel/Motel,Recreation,Other |
Unexempt Taxes | 28128 |
Building Use | Other |
Will Subdivide | No |
Gross Annual Expenses | 0.00 |
Property SubType | Business |
Subdivision Name | J M ACOSTA |
Zoning Description | See Remarks |
County | Smith |
Property Type | Commercial Sale |
Security Features | Gated Community,Security Gate,Security Lights,Security System |
Construction Materials | Brick,Metal Siding,Rock/Stone,Wood |
Year Built Details | Preowned |
Special Notes | Aerial Photo,Other |
Status | Active |
Directions | Property is located at the corner of the North bridge on HWY 155 crossing into Coffee City. From Tyler,Loop 323 head Southon HWY 155 for 13 miles,property is on the Left just before the bridge at Lak |
City | Flint |
Buyer Agent Compensation | 3 |
Street Name | State Highway 155 |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20290218 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Hardwood,Slate,Tile |
---|---|
Total Stories | 2 |
Total Units | 4 |
SQFT Gross | 33706 |
Lock Box Type | None |
Exterior Features
Waterfront | Yes |
---|---|
Lot Features | Acreage,Irregular Lot,Level,Rolling Slope,Sloped,Waterfront |
Lot Size Source | Appraiser |
Parking Features | On Site,Other |
WaterFront Features | Lake Front |
Lot Size | 10 to < 50 Acres |
Foundation | Slab,Other |
Lot Size Area | 19.1540 |
Lot Size Units | Acres |
Building Area Total | 33706.00 |
Road Frontage Type | Highway,State Road |
Lot Size Square Feet | 834348.2400 |
Lot Size Acres | 19.1540 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool