Lake Commercial For Sale

Constructed in 2004, The Cove operates as a waterfront restaurant coupled with vacation rentals, live music entertainment, volleyball, on-water gas station pumps, and incredible views of Lake Cypress Springs. This opportunity presents a distinctive and attractive prospect for investors seeking to capitalize on a once in a lifetime opportunity. The massive potential lies in the additional waterfront land that comes with the purchase of this investment.

As the only restaurant on Lake Cypress Springs, The Cove is infamous as a destination location for boaters on the water. With its proven track record and established presence, this commercial property is ready for the savvy investor to take advantage of its potential. The breathtaking views and charm of the four vacation rentals located on site make this a great retreat for those traveling from out of town. There is a private cove with lake frontage for all guests to enjoy while staying on the property.

This opportunity offers a reliable source of rental income from vacationers seeking to indulge in the stunning views and recreational activities available at Lake Cypress Springs. The gas station and restaurant further enhance the property's revenue potential, catering to both locals and tourists passing through the area. As the prime location on the lake, investors will see the lucrative potential that comes with the undeveloped waterfront land adjacent to the restaurant.

With a proven track record of success since its establishment in 2004, this commercial property is a turnkey operation for investors looking to take advantage of the growing hospitality industry in the area. Don't miss out on this once-in-a-lifetime opportunity to own a successful business on Lake Cypress Springs. This exceptional commercial property opportunity is a gem not to be missed. Reach out to take a private tour today.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 4246
  • Year Built: 2004
  • Location: Lake Cypress Springs
  • Acres: 3.852
  • Lot Dimensions: 150 x 530
  • Lakefront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake
  • Has Dock? Yes
  • Dock Type: wood
  • County: Franklin County
  • Community: The Cove
  • Heat/AC: Electric
  • Siding: Wood, Vinyl
  • Roof: Metal
  • Property Taxes: $$21,631.94
  • MLS #: 24004111

Location

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Contact Information:

Jennifer Hageman, Realtor
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Hageman Realty Group - Texas Ally
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Ad Statistics:

Lake Commercial For Sale in Mount Vernon, Texas
Ad Number : 4754372
Viewed: 148 times
Added: Mar 26, 2024
Updated on: Mar 26, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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