Malakoff, TX 75148,12001 W State Highway 31
Malakoff, TX 75148,12001 W State Highway 31
Malakoff, TX 75148,12001 W State Highway 31
Malakoff, TX 75148,12001 W State Highway 31
Malakoff, TX 75148,12001 W State Highway 31
Malakoff, TX 75148,12001 W State Highway 31
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$ 2,495,000
Est. payment | /mo

39.36 Acres Lot


$ 2,495,000
Est. payment | /mo

39.36 Acres Lot

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

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.

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

Ownership Ask agent

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20969606

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Anna Barber • Allie Beth Allman & Assoc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(972) 322-0870

laurie.deckert@exprealty.com

1431 Greenway Dr, Irving, TX, 75038, USA

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12001 W State Highway 31