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121 S Elm St
Keller, TX 76248
Lush Venue Primely Sited in an Affluent Area · Specialty Property For Sale · 10,084 SF

INVESTMENT HIGHLIGHTS

  • CURRENT SBA 7A LOAN IS ASSUMABLE PER RECENT CHANGES IN PUBLISHED SBA LOAN REQUIREMENTS // EQUITY INVESTOR OPPORTUNITY
  • Acquire a unique estate surrounded by some of the wealthiest communities in the US, boasting annual incomes between $250,000-$300,000.
  • 121 S Elm Street provides excellent privacy for special events near retail corridors, providing ultimate convenience for residents and visitors.
  • Conveniently located 15 minutes from Southlake, 20 minutes from DFW International Airport, and 30 minutes from Dallas.
  • Several Fort Worth hotels within a five-mile radius include Holiday Inn, Hyatt Place, Hampton Inn, Hilton Garden Inn, and more.
  • EQUITY INVESTOR OPPORTUNITY WITH LONG TERM GROWTH

PROPERTY FACTS

Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Winery Vineyard
Building Class B
Lot Size 3.09 AC
Building Size 10,084 SF
No. Stories 1
Year Built 2020
Parking Ratio 13.98/1,000 SF
Zoning "R" Retail - Straight zoning of "R" Retail in Keller.

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

ABOUT 121 S ELM ST , KELLER, TX 76248

The venue location is 20 minutes from DFW International Airport, 30 minutes from Dallas, 30 minutes from Fort Worth and 15 minutes from Southlake, Colleyville and Westlake. These communities are some of the wealthiest in the United States boasting average family income between $250,000-$300,00 per year. The business strategy is to be a premium event provider. This means being competitive in the $15,000-$ 40,000 price band with all competitors in the marketplace. The price band the venue has competitors but also has differentiators Including Outdoor Ceremony space , Large covered patios with grassy lawn areas , Larger bridal and grooms suites, Larger prep Kitchen, Custom doors and chandeliers, Parking space for 150 vehicles, Flexible catering options , Custom bar services, Hospital grade air cleaning system, The property is on 3.07 acres and the building is 15,000 sq ft under roof and 10250 sq ft air conditioned. The venue is a classic modern style designed and finished by a licensed interior designer. Features making the venue unique and desirable for clients are the following. Location • 20 Minutes from DFW International Airport • 5 minutes from Hilton Hotel in Keller • 15 Minutes from Southlake Hotels ( Westin Resort, Delta Marriot)and Southlake Town Square • 15 minutes from Courtyard Marriot and Alliance Gateway Mall. This Hotel provides transportation to venue • Venue location is in historic district of Old Town Keller • Venue is located on 3 acres in the city limits and has a feeling of being outside the city with lush landscaping and surrounding mature trees. • Venue location has easy access off of Keller Parkway and State Highway 377. • Venue has parking for 225 cars due to size of land Outdoor Features • Venue has outdoor ceremony area for 300 • Venue has over 5000 sq ft of covered patios with fireplace, waterwall , bar area, restroom, and outside lawn area for yard games and recreation. Interior Features • Venue is one level with a plan to provide easy access to restrooms, suites, ball rooms , outside areas and parking. • Inside venue all floors are tile

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42246138
Land Assessment
$810,042
Improvements Assessment
$2,839,958
Total Assessment
$3,650,000
  • Listing ID: 28751733

  • Date on Market: 6/14/2023

  • Last Updated:

  • Address: 121 S Elm St, Keller, TX 76248

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