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$2,500,000
31 Days Online

4445 N FARM Rd 2723
Mt Vernon, TX 75457

For Sale|Land|Option Pending
County:
Franklin

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Call Now: 1-903-730-5050
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1-903-730-5050
4445 N FARM Rd 27234445 N FARM Rd 27234445 N FARM Rd 27234445 N FARM Rd 2723
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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 vacations 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.

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Listing Snapshot
Price 
$2,500,000
Days Online 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,246 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.852 Acres
Year Built 
2004
MLS® Number 
24004111
Status 
Option Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Franklin C
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Option Pending
a month agoListing first seen online
General Features
Water 
Municipal Utility Distric
Sewer 
Public Sewer
Construction 
Wood/ FrameWood Based Siding
Interior Features
Heating 
Central Electric
Cooling 
Central Electric
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Listing courtesy of Jennifer Hageman of Texas Ally Real Estate Group ?



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. 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
Data Last Updated - 2024-04-25 03:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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