Restaurant with Commercial
For Sale
$169,500
112 Gassaway Avenue, Lott, TX 76656
CommercialSale, Lott, TX
Property SizeContact for details
Lot Size0.09 Acres
Days on Market52
Property Features for 112 Gassaway Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Buyer to verify with city of Lott
Parking features
On Street, Alley
Subdivision
Townsite Of Lott
Directions
From I-35 in Temple, take Exit 299 and merge onto TX-53 E toward Lott. Continue for approximately 18 miles. Upon entering Lott, turn left onto Gassaway HWY 320, property located just past A B Davis on the left in front of City Hall.
Standard status
Active
APN
35358
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
S2060 TOWNSITE OF LOTT BLK 81 LOT 14 .089 ACRES
Tax Annual Amount
910
Legal Description
S2060 TOWNSITE OF LOTT BLK 81 LOT 14 .089 ACRES
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Amenities
updated HVAC
modern lighting fixtures
updated bathroom
rear alley access
stage and speaker setup
office with viewing window
Building Details
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Felicia Galvez-Mauldin · License #0778435
(254) 702-2957
Added: Jul 18
Changed: Sep 5
Last Checked: Sep 7 at 6:06AM
MLS# 21268322
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property occupies 0.09 acres in Lott and includes a spacious dining room with wooden tables, chairs, bar stools, a stage, and speaker equipment. The commercial kitchen is fitted with a ventilation hood, fryer, grill, flat-top cook station, prep station, cooler, refrigerators, sinks, microwave, prep carts, and shelving. Additional improvements include updated HVAC, modern light fixtures, an updated bathroom, and an office with an interior window overlooking the stage and dining area.
The property fronts State Highway 320 and also offers rear alley access. It is approximately 25 minutes from downtown Temple and 30 minutes from Waco. Public water and sewer serve the property, with brick construction, concrete flooring, and a metal roof.
The existing layout and equipment support continued restaurant use as well as café, event, music, entertainment, or community gathering operations.
The property fronts State Highway 320 and also offers rear alley access. It is approximately 25 minutes from downtown Temple and 30 minutes from Waco. Public water and sewer serve the property, with brick construction, concrete flooring, and a metal roof.
The existing layout and equipment support continued restaurant use as well as café, event, music, entertainment, or community gathering operations.
Key Highlights
- 0.09‑acre restaurant property in Lott, TX
- Visible location along State Highway 320
- Commercial kitchen with hood, fryer, grill, flat top, prep station, coolers, sinks, and shelving
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CEFCO
Shops & Services
2,770 visits/mo
0.1 miles
Demographics for 76656, TX
2,229
Population
1,066
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
96%
High-School Grad
121.2 sq mi
ZIP Area
18
Density / Sq Mi
$74,286
Median Household Income
$47,013
Median Earnings
$825
Median Rent
$118,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing dining, event, and kitchen infrastructure supports restaurant, café, entertainment, and community gathering uses.
Where is this conventional restaurant located?
The property is located at 112 Gassaway Avenue Lott, TX.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: 0.09‑acre restaurant property in Lott, TX; Visible location along State Highway 320; Commercial kitchen with hood, fryer, grill, flat top, prep station, coolers, sinks, and shelving
