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$550,000
507209 MLS Lantana SubDv. ACTIVE Status
Exceptional commercial opportunity in Peñitas, Texas! Situated on 1 acre, this established event center offers approximately 5,620 square feet of usable space, including a 4,168-square-foot main building designed to accommodate a variety of events. The venue features a spacious reception area, dedicated space for a band/DJ, a kitchen for food prep and catering needs, restrooms, and a versatile room that can serve as a dressing suite, bridal suite, office, or storage space. Decorative ceiling drapery and LED accent lighting create an inviting atmosphere, while wall-mounted air conditioning units help keep guests comfortable. The outside features mature trees, ample parking, and an outdoor patio complete with a fireplace. A camera system is also included, providing added security. The sale will convey with the existing tables and chairs, offering a turnkey opportunity for the next owner. This commercial property has tremendous potential and is ready for its next owner.

8815 W Mile 3 Road, Penitas

$599,000
505572 MLS Anadal SubDv. ACTIVE Status
Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow. Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is a growing and excellent location. Hurry and take advantage of this fantastic opportunity before it's gone!

1502 Diamond Avenue, Penitas