$2,495,000

12001 W State Highway 31, Malakoff, TX 75148

  • 11,163 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon39.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $224/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Turnkey Events Venue Business Opportunity 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 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 and was built in 2022 and measures 40.1’ x 80.3’. There are separate rooms for the a bridal 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.

Listing Status:
Active
Listing Office:
Allie Beth Allman & Assoc. : 214-521-7355
Listing Agent:
Anna Barber :
MLS ID:
20969606
  • Flooring: CarpetConcreteSimulated WoodTileWood
  • A/C: Central AirZoned
  • Heating: CentralZoned

This listing courtesy of Anna Barber, Allie Beth Allman & Assoc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Malakoff Elementary School

310 N Terry St, Malakoff, TX, 75148

Grades PK-5

1.86 miles away

M

Malakoff Middle School

106 N Cedar St, Malakoff, TX, 75148

Grades 6-8

1.38 miles away

M

Malakoff Alternative Program (Map)

1209 W Royall Blvd, Malakoff, TX, 75148

Grades 10-10

2.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.