Listing provided courtesy of REKonnection, LLC- MLS# 21279997MLS ProviderContact Information: Amit Mahadar - 214-850-8813

1105 Cottage Hill ParkwayCelina, TX 75009

Commercial · 10,700 Sq. ft. | 24.00 Acres
$8,500,000 Active

1105 Cottage Hill Parkway Overview

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Incredible investment opportunity in highly desirable Celina, TX! This turnkey, operating wedding and events venue in unincorporated Collin County offers low restrictions, high visibility, and rapid growth potential near the Dallas North Tollway, Highway 75, and the new Outer Loop. Buyers can choose between two exceptional purchasing tiers to suit their commercial or residential goals. Option 1 includes the successful venue business and approximately 3.2 pristine acres for $3,270,000, with the flexible ability to expand operations by purchasing up to 12 additional acres at $160,000 per acre. This commercial tier features a breathtaking 2,300+ sq ft main building with 44' interior ceilings, 2 spacious getting-ready suites, 5 bathrooms, a full vendor prep kitchen, and a professional office space equipped with a remote-monitored security camera system. The gorgeous grounds seamlessly flow from a massive 3,300+ sq ft outdoor pavilion into a romantic string-lit cocktail area with low-maintenance artificial turf, plus a separate 1,100 sq ft enclosed building ideal for a ceremony chapel or secondary storage. Option 2 includes the complete venue facility, a luxury custom home, and all 24 sprawling acres of land for $8,500,000. The premium 4,000+ sq ft waterfront country estate features 4 large bedrooms, 3 full baths, 2 comfortable living areas, a private office, high-end wood-beamed finishes, custom cabinetry, rich wood flooring, and 1,600 sq ft of expandable upstairs flex space. The full 24-acre property boasts unparalleled privacy with mature trees, 2 pristine ponds, scenic winding creeks, open pastures, extensive road frontage, and up to 3 additional pad sites ready for future builds. This is truly a once-in-a-lifetime chance to own and scale a premier business in one of the fastest-growing regions in the United States!

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1105 Cottage Hill Parkway Facts & Features

  • Type Commercial
  • Sq. ft. 10,700
  • Price/Sq.ft. $794
  • Lot 24.00 Acres

Details

General

Income/Expenses

  • Gross Income: 245000.0
  • Net Operating Income: 220000.0

Building Information

  • Year Built: 2024
  • Year Built Details: Preowned

Business Information

  • Business Type: Hospitality,Mixed,Other

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: CELINA
  • Subdivision Name: Ducharme - Honey Creek Venues Add

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: 3642.0

General Information

  • Inclusions: Building Only,Business,Furniture,Inventory,Land & Improvements,Other
  • Parcel Number: R1259300A00101
  • Possible Use: Other,Place of Worship
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Senior Community: No

Interior

Building Interior

  • Building Area Source: Plans
  • Building Area Total: 10700.0

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Flooring: Luxury Vinyl Plank,Tile
  • Foundation Details: None,Slab
  • Leasable Area: 6600.0
  • Living Area: 10700.0
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Additional Parking

Lot Information

  • Lot Features: Acreage,Back Yard,Lawn,Pasture,Pond on Lot,Many Trees
  • Lot Size Acres: 24.0
  • Lot Size Area: 24.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 1045440.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront Features: Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Brick,Other,Concrete
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Road Frontage Type: County Road
  • Utilities: Electricity Available,None,Other

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1105 Cottage Hill Parkway Market Data

Based on the last 30 days in this zip code

$671,578
Average List Price
$228
Average Price per Square Foot
125
Properties Sold
266
Average Days on Market
1,766
Properties for Sale
Calculations provided by Reliance Network


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