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22525 Hwy 155 S

33,248 SF Speciality Building Offered at £9,791,250 in Flint, TX 75762

Investment Highlights

  • Lake Palestine Waterfront 570'-870'
  • Fully operational Vrbo lodging
  • Highway 155 frontage of 2680'
  • Fully operational Wedding/Event Venue
  • Opportunity to add Marina, Hotel, Restaurant, larger Event Venue space, RV Park, etc.

Executive Summary

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 through Vrbo (#3034837) offers 6 private bedrooms, 12 beds and up to 19 guests. Two full baths, kitchen, living room, deck/patio and access to a fully equipped gym, hot tub, beach, gorgeous common area with a pool table and outdoor palapa.
The Venue is perfect for indoor or outdoor lake front weddings with that gorgeous sunset. The beautiful ballroom provides an extraordinary location for your wedding, Quinceañera, corporate event or any celebration! The grand staircase and striking chandelier are ideal for your Grand Entrance as Mr. & Mrs.
The Beach Club offers Swimming, Beach Volleyball, Paddle Boarding, Fishing, Boat/Jetski Launch, Lounges, Picnic Tables and Umbrellas or bring your Kayak and enjoy the 18 mile long Lake Palestine.
Property has almost 10 acres of undeveloped area for more growth, Gated front security entrance, 2,680' of Highway 155 Frontage with 2 driveway cuts, 572' of Surveyed waterfront area, (870' of total area with State land included) Opportunity to add Dock, Fishing Pier, Marina or Boathouse.
Main building besides the Vrbo Lodging also has an additional office/rooms that can be converted into more Lodging rooms, Meeting rooms, Event rooms, etc.
Lake Palestine is a Freshwater Reservoir, 18 miles long, covers 25K acres, 58' depth and is known for it's White bass, Blue catfish, Largemouth bass, Channel catfish, Spotted bass and more. Average of 20 Fishing Tournaments yearly. Boating, Skiing, kayaking, etc.
See attachments for more details.
Here are links to operating parts of the property:
Vrbo Link: https://www.vrbo.com/3034837?unitId=3606881&childrenCount=0&noDates=true&utm_source=direct&utm_medium=social&utm_campaign=earned:vrbo:sharecopylink:USA&utm_content=3034837&oc=k9x4vDAo_-7JkTMqSbKbr
Bella vista Venue: https://www.venuebellavista.com/
Bella Vista Beach Club: https://www.bellavistabeachclub.com/

Property Facts

Price £9,791,250
Price Per SF £294
Sale Type Investment or Owner User
Property Type
Speciality
  • Specialty Marina
Building Class B
Lot Size 19.15 AC
Building Size 33,248 SF
Number of Floors 1
Year Built 1987

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-00000-0001-00-021000
Land Assessment
£816,931
Improvements Assessment
£874,450
Total Assessment
£1,691,381

zoning

Zoning Code N/A (outside city limits, no zoning)
N/A (outside city limits, no zoning)
  • Listing ID: 28050615

  • Date on Market: 23/03/2023

  • Last Updated:

  • Address: 22525 Hwy 155 S, Flint, TX 75762

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