5001 Faith Dr, Graham, TX 76450 - Palo Pinto County

LOCATION, LOCATION, LOCATION!!! Central lake position. Over 14 acres of TREMENDOUS COMMERCIAL AND MULTI-FAMILY DEVELOPMENT POTENTIAL. Renovated restaurant on panoramic peninsular point is a historic landmark. Marina facilities and 60 covered boat slips were built recently, 24 hour automated gas dock, 15,000 gallon capacity fuel tanks. Ship store right on the water for boat access. There are building sites for future condominiums on lush rolling hills with old post oak trees with private sandy beach. Maser Use Plan approved in 2000 gave permits for 81 total covered boat slips and 10 open boat slips, plus permission for FIFTEEN CONDOMENIUMS to be sold, leased or rented. Permits need to be reapplied. Modern commercial sewer system, capacity of 4990 gallons per day. One of the only commercial locations that is NOT in the FREC zone. Maybe deeded someday. Originally known as Camp David, a Christian Retreat well known and enjoyed by many for its pristine natural beauty.