Description
What a terrific opportunity to own a Venue right in the heart of the Old Historic District of Palestine. Property consist of 3 floors, first floor is completely remodeled an has several smaller rooms besides the main center, bar and 2 restrooms. Second floor has been 80% remodeled, has seating all away around the balcony area and over looks down on the first floor, it also has an office/storage area and is plumbed for a bathroom on this level. Third floor has not been remodeled at all but has a Large open area plus several large meeting rooms and is also plumbed for a bathroom on this floor. The venue is fully furnished with tables, chairs, Large Bar, all equipment and supplies ready to go. Front street parking, rear entrance to more parking, located right next a Restaurant/Bar that's For Sale/Lease and inline with the Historic Texas Theater. This property is listed in the National Register of Historic Place and could be eligible for Tax incentives along with the Palestine EDC Grant Funding. Property will be divide, Legal Description will change, property to share all parking with adjoining property, tax amount shown includes adjoining property also. Property is also listed For Lease, $5,000 monthly gross.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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13,800SQFT
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$43$/SQFT
School Ratings & Info
Description
What a terrific opportunity to own a Venue right in the heart of the Old Historic District of Palestine. Property consist of 3 floors, first floor is completely remodeled an has several smaller rooms besides the main center, bar and 2 restrooms. Second floor has been 80% remodeled, has seating all away around the balcony area and over looks down on the first floor, it also has an office/storage area and is plumbed for a bathroom on this level. Third floor has not been remodeled at all but has a Large open area plus several large meeting rooms and is also plumbed for a bathroom on this floor. The venue is fully furnished with tables, chairs, Large Bar, all equipment and supplies ready to go. Front street parking, rear entrance to more parking, located right next a Restaurant/Bar that's For Sale/Lease and inline with the Historic Texas Theater. This property is listed in the National Register of Historic Place and could be eligible for Tax incentives along with the Palestine EDC Grant Funding. Property will be divide, Legal Description will change, property to share all parking with adjoining property, tax amount shown includes adjoining property also. Property is also listed For Lease, $5,000 monthly gross.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-06-26T22:28:37.4.
Listing provided courtesy of Ray Verhey of Staples Commercial Group, Llc. Listing information © 2022 Greater Tyler Association of REALTORS® Multiple Listing Service.