1600 Richey Rd Houston, TX 77073-3511

Exceptional opportunity to acquire a thriving event hall business in Houston, Texas. This turnkey operation, located at 1600 E Richey Rd, boasts a substantial 12,160 square foot building situated on over five acres of land in Harris County, zip code 77073. The property includes ample parking for 85+ vehicles, ensuring convenient access for guests. Currently operating as a single-tenant property, the event hall generates a gross annual income between $850,000 and $950,000, with a cash flow ranging from $500,000 to $575,000. The entire business, including all equipment and inventory, is available for purchase at an asking price of $3,490,000, which includes the real estate. Alternatively, the business can be acquired separately for $500,000, with a monthly lease payment of $25,000 for the 12,160 square foot building and associated five-acre land parcel. Financial details are available upon request. This presents a unique investment opportunity with significant potential for continued growth and profitability in a desirable Houston location. The property is currently vacant and ready for immediate occupancy.