Barrel Park - Vacant Event Space
Dedicated Event Space for Sale
Marketing description
- Vacant Event Center: The property offers a dedicated event venue with an additional bar and grill, ideal for weddings, private parties, and community events.
- Prime Location: Positioned along Kuykendahl Road with exposure to 25,000 vehicles per day, providing outstanding visibility and convenient access to North Freeway (Interstate 45).
- Offered Separately or Together: This offering presents an opportunity consisting of three components that can be sold separately or together (Vacant Land, Vacant Restaurant, and Vacant Event Center).
Investment highlights
Marcus & Millichap is pleased to exclusively offer for sale Barrel Park, a 29,480-square-foot mixed-use park situated on 9.47 acres at 13101 Kuykendahl Road in Houston, Texas.
Barrel Park presents an opportunity consisting of three components that can be sold separately or together.
The first component is 2.59 acres of vacant land located on the hard corner of Kuykendahl Road and Stonefield Drive. The vacant land is offered at a price of $1,692,300 ($15/SF).
The second component is a 9,800-square-foot turnkey-ready restaurant featuring a fully equipped bar and grill with inviting outdoor patio seating. The restaurant, which is situated on 2.20 acres, is offered at a price of $1,960,000 ($200/SF).
The third component of the property is a 19,679-square-foot event venue featuring a bar and grill, making it well-suited for weddings, private parties, and community events. The building is efficiently configured into two contiguous sections: 6,250 square feet of restaurant/bar space and 13,429 square feet designed as an event center/banquet hall, allowing for flexible operations and multiple revenue streams.
The event venue is being offered at land value, equating to approximately $12.30/SF for the land, presenting a compelling basis for investors.
In addition to its current use, this portion of the property offers significant repositioning or redevelopment potential. The existing improvements may provide a pathway for grandfathered status, which could help streamline future development or permitting an attractive advantage for investors seeking to enhance value or explore alternative uses.
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