Leonard TX Real Estate & Commercial for Sale

Antique building on North side of historic Leonard red brick square. Built approximately 1910-1912. Setback entrance has mirrored columns on each side of entry door and built-in showroom windows. Wood flooring was replaced and roof repair at back was done recently. Open floor plan with high ceiling in front part of building and stairs leading up to large storage upstairs. It has a large refrigerator for flowers and has been used as floral and gift shop for many years and before that it was a furniture store.

Incredible opportunity to purchase Magnolia Grace Ranch, an almost 15 acre wedding & events venue just off Hwy 78 in Leonard, TX. This beautiful property is divided by a creek with a newly installed culvert to allow driving between the two sides. The venue is located on the county road side and a beautiful meadow covers the back half of the property. The options for the back half include but are not limited to another venue, AirBnB sites, or outdoor event space. The stunning venue features over 8,000 AC sf plus over 4,000 of covered patios. Three wedding sites are already in place with countless other options available. There is a stocked pond adjacent to the venue that makes for a dramatic backdrop for any event. Separate bathrooms, bride and groom suites, catering kitchen, bar, loads of storage, and 2 upstairs lofts offer lots of space. The towering ceiling in the main event space is breathtaking. Events are booked through the end of 2023 and well into 2024. Ag exemption

Located at the hard corner of U.S. 69 and Hwy 78, just 1 hr to Dallas, and 20 min to Greenville, this property is perfect for your investment. Currently being utilized as the popular Lea's Restaurant & Sports Grill, locally owned & operated for the past 38 years. Property offers a unique opportunity for owner occupancy or investors looking for rental income. The front rooms have a warm & inviting atmosphere, with spacious dining area & sports bar. The kitchen is fully equipped with stainless commercial kitchen appliances and ample space for food preparation and storage. This is perfect for anyone looking to expand in the restaurant industry with an established location, utilize for an event venue, retail, or hospitality. With its prime location, loyal customer base, & fully-equipped kitchen, this restaurant is a turnkey ready for a new owner to take over & continue its success OR bring your own ideas & creativity. Commercial-General Zoning provides flexibility for all of your needs.