$1,585,000
( $1.99Per Sq Foot )
 $8,509 est/mo Sourced by Back At You

3135 Us-51,Summit, MS 39666

Summit, MS 39666

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Description

Luxury Restaurant Event Venue Hospitality Investment Opportunity Southwest Mississippi Presenting The Mallard a rare opportunity to acquire one of Southwest Mississippi's most architecturally distinctive restaurant and event venue properties. Designed as a luxury hospitality destination, this impressive commercial asset combines upscale dining space, premier event facilities, expansive commercial kitchen infrastructure, and dramatic architectural character in a serene water view setting. Strategically positioned near a regional lake destination with panoramic water views, The Mallard offers investors, restaurateurs, and hospitality operators a truly unique property capable of supporting multiple revenue streams including fine dining, weddings, private events, corporate gatherings, entertainment, and destination hospitality experiences. From the moment guests arrive, the property delivers a memorable upscale atmosphere highlighted by soaring ceilings, dramatic timber accents, cathedral-inspired architecture, custom lighting, elegant dining spaces, and beautifully designed indoor/outdoor entertaining areas. The venue's distinctive design creates an experience rarely found in secondary and tertiary hospitality markets throughout the Southeast. The commercial kitchen is exceptionally well-equipped with extensive stainless preparation areas, professional-grade cooking equipment, refrigeration systems, and large-scale service capacity suitable for high-volume operations, catering, and special events. The property features multiple dining and gathering spaces, including: Main dining room with vaulted ceilings Upscale bar and lounge area Private event and banquet spaces Outdoor courtyard and entertainment areas Flexible reception and cocktail spaces Commercial catering/event support infrastructure The outdoor entertainment courtyard provides an exceptional setting for weddings, receptions, live entertainment, and upscale outdoor dining experiences. Additional support structures and service areas enhance operational flexibility and event capacity. The Mallard is ideally suited for: Luxury restaurant concept Wedding and event venue Corporate retreat destination Boutique hospitality concept Entertainment venue Private club or membership venue Mixed hospitality/event operation Destination dining experience This is a rare chance to acquire a fully developed hospitality asset with strong branding potential, architectural significance, and immediate operational capability in a growing regional market. Investment Highlights Luxury restaurant and event venue Unique architectural design and branding appeal Panoramic water views Multiple revenue stream potential Extensive commercial kitchen infrastructure Indoor and outdoor event capability Destination-style atmosphere Strong hospitality conversion flexibility Ample parking and support facilities Rare turnkey hospitality investment opportunity

Details

MLS #4155114
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year2016
Days On Site53
Listing Provided ByBerkshire Hathaway HomeServices-Cabin & Creek Real Estate | Chuck A Paulk

Features

Bed(s)2
Bath(s) 5 Total
SQ Feet794,534
Story(s)2
Acreage4.65

Interior

CoolingElectric, Other, See Remarks
HeatingCentral

Exterior

Exterior FeaturesAwning(s), Landscaping Lights, Uncovered Courtyard
RoofAluminum
Foundation DetailsPillar/Post/Pier, Slab
Lot FeaturesLandscaped, Views, Rolling Slope, Partially Wooded

Utilities

UtilitiesCable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane Connected, Back Up Generator Ready, Propane

Taxes

Property13570

Area Information

StateMS
CountyPike
CitySummit
Zip Code39666
AreaPike
School DistrictNorth Pike
Elementary SchoolNorth Pike Elementary
High SchoolNorth Pike
Listing VS Median (in 39666)
Price:
$1,585,000
low | high
Med:
$242,000
100% of Average
sqft:
794,534
low | high
Med:
1,589
100% of Average
$ / sqft:
$2
low | high
Med:
$153
100% of Average
On site:
53
low | high
Med:
62
85.483870967742% of Average
Sourced by Back At You

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Learn More About This Property

StateMS
CountyPike
CitySummit
Zip Code39666
AreaPike
School DistrictNorth Pike
Elementary SchoolNorth Pike Elementary
High SchoolNorth Pike
Listing VS Median (in 39666)
Price:
$1,585,000
low | high
Med:
$242,000
100% of Average
sqft:
794,534
low | high
Med:
1,589
100% of Average
$ / sqft:
$2
low | high
Med:
$153
100% of Average
On site:
53
low | high
Med:
62
85.483870967742% of Average
Sourced by Back At You
Listing Updated: July 8, 2026 at 7:54:54 AM PDT