List Price:
$550,000
MLS Number:
507209
Property Type:
Commercial Sale
Property Sub Type:
Commercial
Address:
8815 W Mile 3 Road, Penitas TX 78576
Street Name:
Mile 3
Subdivision:
Lantana
City:
Penitas
County:
Hidalgo
Accessibility Features:
Annual Amt SqFt:
Appliances:
Electric Water Heater
Association Fee:
Association Fee Frequency:
Association YN:
No
Availability:
Availability Date:
Base Rent Amount:
Building Area Total:
5620
Building Area Units:
Square Feet
Building Features:
Restrooms-Public
Carport Spaces:
0
Carport YN:
No
Construction Materials:
Stucco
Cooling:
Cooling YN:
Covered Spaces:
50
Directions:
The property is on Mile 3/Buddy Owens just west of Iowa Rd.
If coming from the expressway: Head west on Highway US-83. Take exit 131 toward FM-492/Goodwin Rd. Turn right onto FM-492. Turn left onto W Mile 3. The destination is on your left.
Door Features:
Electric:
Electric On Property YN:
Existing Lease Type:
Exterior Features:
Storage, BBQ Pit/Grill, Manual Gate, Mature Trees
Flooring:
Concrete
Foundation Details:
Frontage Type:
Garage Spaces:
50
Garage YN:
Yes
Green Energy Efficient:
Thermostat
Grounds:
Landscaped, Mature Trees
Heating:
Space Heater
Heating YN:
Yes
Horse Amenities:
Insurance Expense:
Interior Features:
Landlord:
Lease Amount Period:
Lease Expiration:
Lease Period:
Lease Term:
Approximate SqFt:
5620
Lot Features:
See Remarks
Lot Size Acres:
1.0046
Lot Size Area:
1.0046
Lot Size SqFt :
43758.198
Number Of Units In Community:
1
Open Parking YN:
Other Bldg SqFt:
1452
Other Equipment:
Other Expense:
Other Structures:
Own Lot YN:
Parking Features:
Dirt
Parking Total:
50
Patio And Porch Features:
Covered Patio
Pool Features:
Postal Code:
78576
Public Remarks:
Exceptional commercial opportunity in Peñitas, Texas! Situated on 1 acre, this established event center offers approximately 5, 620 square feet of usable space, including a 4, 168-square-foot main building designed to accommodate a variety of events.
The venue features a spacious reception area, dedicated space for a band/DJ, a kitchen for food prep and catering needs, restrooms, and a versatile room that can serve as a dressing suite, bridal suite, office, or storage space. Decorative ceiling drapery and LED accent lighting create an inviting atmosphere, while wall-mounted air conditioning units help keep guests comfortable.
The outside features mature trees, ample parking, and an outdoor patio complete with a fireplace. A camera system is also included, providing added security. The sale will convey with the existing tables and chairs, offering a turnkey opportunity for the next owner. This commercial property has tremendous potential and is ready for its next owner.
Repairs YN:
Retail SqFt:
4168
Road Frontage Type:
City Street
Road Surface Type:
Roof:
Metal
Room Office Area:
0
Security Features:
Security System
Security Deposit:
Sewer:
Spa Features:
Special Listing Conditions:
Status:
Active
Street Dir Prefix:
W
Street Dir Suffix:
Street Number:
8815
Street Suffix:
Road
Tax Annual Amount:
$3,979
Tax Year:
2025
Unit Number:
Unit SqFt:
Utilities:
Virtual Tour URL Branded:
Virtual Tour URL Unbranded:
Warehouse SqFt:
0
Water Comments:
Water Source:
Waterfront Features:
Waterfront YN:
Window Features:
Year Built:
2013
Zoning:
CO
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