3135 Us-51, Summit, MS 39666 (MLS# 4155114)

3135 Us-51, Summit, MS 39666

New Listing

$1,585,000

Virtual Tour

https://www.propertypanorama.com/3135-Us51-Summit-MS-39666/unbranded

Property Type: Commercial Sale Bedrooms: 2 Square Footage: 794,534 Lot Size (sq. ft.): 202,554 Status: Active

Current Price: $1,585,000 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

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 acce ... (Read more) 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.

Supplements: 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 Ra ... (Read more)

Listing Details MLS# 4155114

General Property Information

Approx Lot Size Acres: 4.65
Approx H/C SqFt: 794534
Warehouse Square Footage: 1600
SqFt Source: Appraiser
List Price/SqFt: 1.99
Year Built Known: Yes
Divisible: Yes
Year Built: 2016
Year Built Source: Assessor
Total Floors: 2
Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Half: 3
Elementary School: North Pike Elementary
Middle or Junior School: North Pike Junior High
High School: North Pike
Accessibility Features: Yes
Property Sub Type: Other
New Construction: No
Property Condition: Updated/Remodeled

Property Features

Business Type: Bar/Tavern/Lounge; Food & Beverage; Hospitality; Hotel/Motel; Restaurant; Other Current Use: Commercial; Mixed Use; Recreational; Other; See Remarks Commercial Features: Employee Restrooms; Fire Alarm; Fixtures; Inside Storage; Living Space Available; Outside Storage; Rest Rooms; Security System Structure Type: Other Ceiling Height: 16' - 20.9' Electricity Features: 110 Volt Lot Features: Landscaped; Partially Wooded; Rolling Slope; Views Location: Other Waterfront; Paved; US Highway Levels: Two Square Footage Description: Other; See Remarks Seating: 151-200 Accessibility Features: Accessible Approach with Ramp; Accessible Hallway(s) Cooling: Other; See Remarks Heating: Central Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Phone Available; Phone Connected; Propane Connected; Back Up Generator Ready; Propane Sewer: Engineered Septic Water Source: Community Foundation Details: Pillar/Post/Pier; Slab Roof: Aluminum Exterior Features: Awning(s); Landscaping Lights; Uncovered Courtyard Available Documents: Appraisal; Legal Description; Maps; Marketing Package; Photographs; Tax Info Disclosures: None Approx Age Code: Under 25 Years

Address and Location Information

Street Number: 3135
Street Name: Us-51
County: Pike
State: MS
Zip Code: 39666
Parcel Number: 712520-b
PPIN: 002832
Directions to Property: Exit Interstate 55 at Exit 24 and head east. Take right on Hwy 51. Property is on the right overlooking Lake Dixie Springs.
Community Of: N/A

Listing Information

Property Sub Type: Other
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 13570
Tax Year: 2025
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Legal Description: TCT IN NW1/4 NE1/4 W OF HWY 51 B P 000278149 11/07/2016

Commercial Features

Business Included: Yes
Divisible: Yes
Expandable: Yes
Employee Restrooms: Yes
Fire Alarm: Yes
Fixtures: Yes
Inside Storage: Yes
Living Space Available: Yes
Outside Storage: Yes
Rest Rooms: Yes
Security System: Yes

More Information

Auction

Auction: No

Showing Requirements

Showing: Appointment Required
Appointment Phone: 6018102104

Basement Features

Basement: No

Location

Other Waterfront: Yes
Paved: Yes
US Highway: Yes

Remarks & Miscellaneous

Public Remarks: 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.

Current Use

Commercial: Yes
Mixed Use: Yes
Recreational: Yes
Other: Yes
See Remarks: Yes

Structure Type

Other: Yes

Business Type

Bar/Tavern/Lounge: Yes
Food & Beverage: Yes
Hospitality: Yes
Hotel/Motel: Yes
Restaurant: Yes
Other: Yes

Lot Features

Landscaped: Yes
Partially Wooded: Yes
Rolling Slope: Yes
Views: Yes

Levels

Two: Yes

Sewer

Engineered Septic: Yes

Water Source

Community: Yes

Utilities

Cable Available: Yes
Cable Connected: Yes
Electricity Available: Yes
Electricity Connected: Yes
Phone Available: Yes
Phone Connected: Yes
Propane Connected: Yes
Back Up Generator Ready: Yes
Propane: Yes

Ceiling Height

16' - 20.9': Yes

Electricity Features

110 Volt: Yes

Square Footage Description

Other: Yes
See Remarks: Yes

Seating

151-200: Yes

Accessibility Features

Accessible Approach with Ramp: Yes
Accessible Hallway(s): Yes

Cooling

Electric: Yes
Other: Yes
See Remarks: Yes

Heating

Central: Yes

Foundation Details

Pillar/Post/Pier: Yes
Slab: Yes

Roof

Aluminum: Yes

Exterior Features

Awning(s): Yes
Landscaping Lights: Yes
Uncovered Courtyard: Yes

Available Documents

Appraisal: Yes
Legal Description: Yes
Maps: Yes
Marketing Package: Yes
Photographs: Yes
Tax Info: Yes

Disclosures

None: Yes

Approx Age Code

Under 25 Years: Yes

Uncovered Parking?

51-100 Spaces: Yes

Listing Office: Berkshire Hathaway HomeServices-Cabin & Creek Real Estate

Listing Agent: Chuck A Paulk

Last Updated: July - 08 - 2026