70 Pace Park Rd Salado, TX 76571

This exceptional commercial property in the charming town of Salado, Texas, presents a unique investment opportunity. The 1.12-acre lot encompasses the highly sought-after Historic Salado Inn, a multi-faceted income-generating property. The centerpiece is the Village Venue, a substantial 3300-square-foot event center ideal for weddings and other large gatherings. Also included is a charming chapel, adding to the property's versatility and appeal. Currently, the Village Venue generates a strong monthly rental income of $5000. Adding to the income stream is the Baylor Cottage, currently leased to the Presley Boutique for $2500 per month. A further $1000 in monthly rental income is generated from the Tj Jones Company office space. This established and profitable property offers a blend of historical charm and modern commercial viability, making it an attractive investment for discerning buyers seeking a turn-key operation in a desirable location. The property's strong rental history and diverse income streams provide a solid foundation for future growth and profitability. The location in Salado, a popular tourist destination, ensures consistent demand and potential for increased rental income. This is a rare opportunity to acquire a well-established and profitable commercial property in a thriving Texas town. The property's size and diverse income streams make it an ideal investment for those seeking a stable and lucrative return. The asking price is $1,050,000.