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3901 Nasa Pky 8,000 SF Specialty Building Offered at $4,900,000 in El Lago, TX 77586
INVESTMENT HIGHLIGHTS
- Waterfront weddings and celebrations
- Panoramic views of the water
- Floor to ceiling windows
- Tropical landscaping
- High ceilings
EXECUTIVE SUMMARY
Top Waterfront Wedding and Events Venue in Houston, TX! The business is thriving and has a full calendar through 2026. The venue has been in business since 2015 and has an amazing staff that runs the day to day operations. The venue is complimented by the large airbnb next door which sleeps over 30 guests with a cash flow of around $250,000 a year. The airbnb property is also offered for sale on HAR and can be viewed at the link provided below.
The property was appraised at $4.7 million in 2020 prior to major renovations which added square footage to the venue, outdoor seating areas, and a fully equipped commercial kitchen. In addition to these major additions and improvements the area has grown significantly in the past year. The appraised value will have increased significantly since the last appraisal.
The property was appraised at $4.7 million in 2020 prior to major renovations which added square footage to the venue, outdoor seating areas, and a fully equipped commercial kitchen. In addition to these major additions and improvements the area has grown significantly in the past year. The appraised value will have increased significantly since the last appraisal.
PROPERTY FACTS Under Contract
| Price | $4,900,000 | Lot Size | 2.40 AC |
| Price Per SF | $612.50 | Building Size | 8,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2015/2023 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 8.13/1,000 SF |
| Zoning | commercial | ||
| Price | $4,900,000 |
| Price Per SF | $612.50 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Lot Size | 2.40 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2015/2023 |
| Parking Ratio | 8.13/1,000 SF |
| Zoning | commercial |
AMENITIES
- Signage
- Waterfront
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,784,573 | |
| Land Assessment | $2,054,440 | Total Assessment | $3,839,013 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,054,440
Improvements Assessment
$1,784,573
Total Assessment
$3,839,013
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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3901 Nasa Pky
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