$12,500,000
19.15± Acres
Active
Smith County, TX

22525 State Highway 155, Flint, Texas

MLS ID: 20290218
Status: Active
Price: $12,500,000
Acres: 19.15±
Type: Business, Commercial
Address: 22525 State Highway 155
City, State: Flint, TX
County: Smith County
ZIP Code: 75762
Parcel Number: 100000000100021000
Year Built: 1980

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.

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 Lake Palestine crossing into Coffee City.

Additional Information

Interior

Building Area Total: 33,706
Cooling (Yes/no): Yes
Cooling: Central Air, Electric
Flooring: Hardwood, Slate, Tile
Heating (Yes/no): Yes
Heating: Central, Electric

Exterior

Foundation Details: Other, Slab
Inclusions: Building Only, Business, Inventory, Land & Improvements
Lot Features: Acreage, Irregular Lot, Level, Rolling Slope, Sloped, Waterfront
Lot Size Area: 19
Lot Size Source: Appraiser
Lot Size Square Feet: 834,348
Parking Features: On Site, Other
Road Frontage Type: Highway, State Road
Roof: Composition, Other
Water Body Name: Palestine
Water Source: Public
Waterfront: Yes
Waterfront Features: Lake Front, Waterfront

Financial/HOA/Schools

Subdivision Name: J M Acosta
Tax Annual Amount: 28128
Zoning Description: See Remarks
Karen Lenz

Karen Lenz

Cross Plains, Texas

(325) 668-3604

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 23, 2024 at 12:00:00 AM UTC

Listed By: Ray Ver Hey of Staples Commercial Group, Llc