EVENT CENTER/Corporate Retreat or Professional Office/Medical Facility

Retail-Commercial for Sale
Catylist Listing ID: 30297372
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 17,065 SF
Gross Land Area: 3 Acres
Sale Price: $3,500,000
Unit Price: $205.10 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: The Summit Club Restaurant & Event Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/20/2018

Overview / Comments

Currently DBA—The Summit Club Restaurant & Event Center
Approx. 17,065 sf on 2.998 +/- ac.
Brick Exterior, Concrete slab, Flat metal roof, Built in 2013
High end finishes, Marble floors, Full bar, Two dining areas, Multiple offices/dressing rooms, Intimate lighting, Chandeliers throughout the event halls
Property includes Private Drive, Great landscaping; Wedding ceremony area with brick gazebo; Monument signage on Judson Rd.
Ample parking; Additional acreage available
Excellent location for wedding venue, country club, event center, restaurant / bar, office building, medical center, and many more.
The property is located one mile north of Loop 281, on the east side of Judson Road. Easily accessible and high visibility on a main artery of Longview.
The Summit Club is a prominent venue in East Texas.
FF&E can be included with acquisition

Additional Details

Nearest MSA: Longview
County: Gregg
Taxing Authority: GCAD
Zoning: COMMERCIAL
Retail Clientele: General, Tourist, Convention, Other
Property Located Between: Judson Rd. & Loop 281
Property Visibility: Good
Largest Nearby Street: Judson Rd.
Highway Access: Easy access to Loop 281, Hwy. 80
Area Description: Easily accessible and high visibility on a main artery of Longview
Tenancy: Single Tenant
Property Condition: Good
Year Built: 2013
Roof Type: Flat
Construction/Siding: Brick, Concrete
Parking Type: Surface
Parking Description: Ample open surface adequate for event center
Interior Description: High end finishes, Marble floors, Full bar, Two dining areas, Multiple offices/dressing rooms, Intimate lighting, Chandeliers throughout the event halls
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,412 34,239 71,933
Median Age: 32.3 41.79 37.62
Households: 1,649 14,971 28,300

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Tyler Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.