Event Center with Commercial and Residential Complex
Event center and mixed-use rentals in Potter County, TX
On NextCompany since August 30, 2026 (45 days)
TX areaEstablished 1986
Event venue & banquet hallReal estate services (other)Hospitality & LodgingReal Estate & Property Services
Business overview
This mixed-use property in Potter County, TX houses an event center, offices, and rentals. The 8200 sq ft building sits on 1.2 acres with 250 ft of highway frontage. The 2700 sq ft event space holds 176 people. Event parking covers 87 vehicles.
Eight offices, three apartments, and two detached homes generate rent at 92% occupancy. The retiring owner asks $1,200,000. Gross revenue is $76,000. Cash flow is $52,800.
Who is a good fit for this business
- Owner-operators who want to run an on-site event venue in Potter County, TX.
- Buyers who can meet a $500,000 down payment on a $1,200,000 asking price.
- Buyers seeking rental income from offices, apartments, and two detached homes.
- Event operators who need a 176-person hall, kitchen, and parking for 87 vehicles.
Details
- Reason for selling
- Retire
Frequently Asked Questions
This listing covers a mixed-use event center and rental complex in Potter County, TX. The 8200 sq ft building sits on 1.2 acres with 250 ft of highway frontage. The property reaches two major highways. Light-retail zoning covers the main building.
The seller asks $1,200,000 for this Potter County event and rental complex. Annual gross revenue on this 1986 listing is $76,000. Cash flow as seller discretionary earnings on this listing is $52,800. Furniture, fixtures, and equipment on the listing total $20,000.
The event center holds 176 people in 2700 sq ft. The 500 sq ft kitchen has 4 refrigerators, 2 microwaves, 1 stove, and 3 compartment sinks. The room supplies 20 round 50 inch tables, six 6 ft tables, and 200 chairs. The lot holds 87 vehicles for 20-hour rentals from 10am to 6am.
Two 2/1 apartments on the property rent for $875.00 each. The 1/1 apartment rents for $700.00 per month. A 650 sq ft home on the south side rents for $575.00. An 830 sq ft home with a 50k remodel rents for $925.00 per month.
Offices in the 8200 sq ft building rent for $750.00 per month. One of the eight offices rents for $450.00. One of the eight offices remains vacant. The owner is increasing rental amounts on all offices as of 6/26.