10408 State Highway 64 E, Tyler, TX 75707

$6,399,900

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List Price
$6,399,900
Price Change
▼ $100,000 1780535821
MLS#
21122945
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1983
Construction Status
Preowned
Acres
44.09
County
Smith
City
Tyler
Subdivision
NONE

Property Description

Discover a rare opportunity to own one of East Texas most iconic entertainment venues in Tyler, TX it is a massive 44-acre propertyfeaturing a 60,000 sq ft arena with seating for 7,000-9,000 and stands as the only venue of its size within 90 miles — ideal for concerts,sporting events, trade shows, circuses, large-scale banquets, or redevelopment. The sale includes all of the original operating equipmentincluding stages, tables, chairs, bleachers, concert speakers, audio equipment, lighting, kitchen equipment, fridges, freezers, cashregisters, fork lift, floor polishers, mower, bucket lift, couches, lounge chairs, office furniture, grills, portable beverage coolers, pressurewasher, paint sprayer, tools, and so much more. The facility boasts a 60,000 sq ft clear-span show floor, 38-ft high ceilings, retractable seating, full commercial kitchen & concession infrastructure, multiple bars, 2 entertainer lounge buildings with amenities, workshop or storage building, and extensive parking — plus the kind of highway frontage and visibility that few properties can match. A renovation in 2018 modernized seating, roofing, and layout, this property offers a compelling opportunities for an investor. Use it as-is for concerts,rodeos, sporting events, monster-truck shows or community events — or reimagine the 44 acres for mixed-use expansion (hotel, RVpark, retail, residential, etc.). With so few venues of comparable scale in East Texas, this is a rare chance to own a landmark propertybrimming with legacy, potential, and flexibility. All equipment included should be verified by doing a UCC search prior to purchase and is not guaranteed to be owned by the Bank or Seller. Detailed information provided above has come from different website searches and is not 100% guaranteed accurate by the listing broker or Bank or Seller and should be verified prior to purchase.

Additional Information

Unexempt Taxes
$41,640
Lot Size
1,920,691
Acres
44.09
Lot Description
Level
Flooring
Other
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
On Site, Open, Off Street, Other, Parking Lot
Possession
CloseOfEscrow
Proposed Use
Office, Other, Retail, Warehouse
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Ray Ver Hey from Staples Commercial Group, LLC. Contact: 903-266-2900