3135 Us-51Summit, MS 39666

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

Property Information

Property type

Commercial Sale

Year built

2016

Building area

794,534 Sq Ft

Lot size

4.65 acres

Days on market

121

MLS^® Listing#

4155114

Property Features

Exterior

Awning(s) · Uncovered Courtyard · Lighting

Cooling

Electric · Other

Heating

Central

Lot features

Landscaped · Views · Rolling Slope

Foundation

Pillar/Post/Pier · Slab

Roof

Aluminum

Utilities

Cable Available · Propane · Cable Connected · Electricity Available · Electricity Connected · Phone Available · Phone Connected

Sewer

Septic Tank · Engineered Septic

Schools

Elementary

North Pike Elementary

Middle

North Pike Junior High

High

North Pike

Financial Details

HOA

None

Annual taxes

$13,570Tax year 2025

Parcel number

712520-b

Directions

Exit Interstate 55 at Exit 24 and head east. Take right on Hwy 51. Property is on the right overlooking Lake Dixie Springs.