Just a “stone’s throw” away from Canyon Lake, this large 2.858-acre parcel has unlimited potential, lake views and terrific visibility from FM 306. Waterfront lot across the street is included in the sale and adds additional .17 acres for a total of 3.028 acres! Improvement #1 is a 5000 sf building built on-slab with steel/wood construction formerly used as a bar and music venue. Stained concrete floors, a large wooden bar, a spacious kitchen area, two bathrooms, an elevated wooden stage, and an expansive dance floor/dining area which sports a 10 ft x 8 ft roll-up door. With a creative eye and a little TLC this building could be transformed into an event center, bar, or restaurant with water views by clearing a few trees. Improvement #2 is a manufactured home that was converted into a permanent structure with the addition of a full stone exterior. This 3-bed/2-bath gem has 1508 sf and could be a residence, office, or rental. Plenty of room for cabins or a retail bldg! Sold "As Is."