Upscale hospitality property with multiple revenue-generating possibilities.
Property Size6,301 SF
Lot Size18.00 Acres
Price / SF$251.55
Days on Market105
Property Features for 3135 Highway 51 North
General Information
Standard statusActive
Size6,301 SF
Total Parking Spaces40
Lot size18.00 Acres
Property subtypeRetail, Hospitality
ZoningResort
Investment TypeOwner/User
Building Details
Year Built2016
Listing Agency:Berkshire Hathaway HomeServices Cabin & Creek Real Estate
Listed By:Chuck Paulk · License #MS B-19787
Source:Crexi
Added: May 19Changed: Aug 21Last Checked: Aug 25 at 9:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Cabin & Creek Real Estate
Investment Insights
Based on property information with market context.
The Mallard is a luxury restaurant and event venue featuring architecturally distinctive improvements designed for upscale hospitality and entertainment operations. The property includes expansive dining areas, private event spaces, a full-service commercial kitchen, upscale bar and lounge areas in a 6300 square foot building, outdoor entertainment courtyards, 2 guest suites, a 1600 square foot steel building with electricity, and support facilities situated on 18 acres in a water view setting near a regional lake destination. 2.02 acres carry a county zoning of "Resort" allowing for 7 days a week operation. All acreage conveyed comes with deeded access to Lake Dixie Springs. The improvements showcase dramatic vaulted ceilings, custom timber accents, cathedral-inspired architecture, premium interior finishes, and flexible indoor/outdoor gathering spaces capable of supporting restaurant operations, weddings, private events, corporate functions, and entertainment venues. Additional improvements include extensive commercial kitchen infrastructure, outdoor event space, covered service areas, ample parking, and auxiliary storage/shop facilities. The property is ideally suited for hospitality, event venue, entertainment, boutique destination, or adaptive commercial reuse opportunities. The included furniture, fixtures and equipment have estimated appraised value of $100,000. This is a rare turnkey hospitality real estate offering with strong branding appeal, exceptional architectural character, loyal customer base, experienced staff, and multiple revenue-generating use possibilities in the growing Southwest Mississippi market.
Key Highlights
Turnkey luxury restaurant and event venue on 18 acres with water view and deeded lake access.
Architecturally distinctive 6300 sf building with expansive dining areas, private event spaces, and a full‑service commercial kitchen.
Top PickAuto Repair ShopAuto Parts StoreStorage FacilityGrocery & Convenience StoreBakeryLaw Firm
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 39666, MS
10,467
Population
4,714
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
91%
High-School Grad
163.5 sq mi
ZIP Area
64
Density / Sq Mi
$44,836
Median Household Income
$34,824
Median Earnings
$855
Median Rent
$155,400
Median Home Value
Market
Vacancy Rate%for Retail in South region
7%2020
6.2%2021
5.1%2022
4.8%2023
4.9%2024
5.4%2025
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Hospitality property - Upscale hospitality property with multiple revenue-generating possibilities.
Where is this hospitality property located?
The property is located at 3135 Highway 51 North Summit, MS.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: Turnkey luxury restaurant and event venue on 18 acres with water view and deeded lake access.; Architecturally distinctive 6300 sf building with expansive dining areas, private event spaces, and a full‑service commercial kitchen.; 2.02 acres zoned 'Resort' allowing 7‑day‑a‑week operation.