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Leased Office Building with Parking

408 N Key Avenue Lampasas, TX 76550

Claim this Listing
For Sale
$690,000

COMMERCIAL - Lampasas, TX

Property size:
2,331 SF
Lot size:
0.21 Acres
Price / SF:
$296.01/SF
Added:
Jun 19, 2025
Days on Market:
391
Last Refresh:
Jul 14 at 6:06 am

Property Features for 408 N Key Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Carport
Security features
Security
Interior features
PullDownAtticStairs
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
1168
Size
2,331 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT: 4 BLK: 7 ADDN: L S C 1ST
Tax Annual Amount
4459

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1997
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
StoneVeneer
Roof type
Metal

Listing agent Audrey Bear License #0516346

Listing office Bear Real Estate Services 405 E 3rd St., Lampasas, TX

Listing date Jun 19, 2025

MLS# 582706

Copyright © 2026 Central Texas Multiple Listing Service. 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 commercial office building features four private offices plus a reception area and kitchenette, providing a workable setup for a range of professional users. The property includes a covered front porch and covered carport in the rear, supporting year-round comfort and convenient tenant access.

Located at 408 N Key Avenue on a corner lot, the building fronts a busy thoroughfare and is described as having lots of parking. The layout and covered entry help create an easy arrival experience for clients and employees.

Currently leased to an insurance company, the building may appeal to buyers seeking an income-producing commercial office asset with an established interior configuration. The combination of multiple offices and a dedicated reception area is a practical fit for businesses that need separate workspaces while maintaining a clear front-of-house check-in point. Covered parking and a covered entry add day-to-day usability for both staff and visitors.

Key Highlights

  • Commercial office building built in 1997
  • Includes 4 offices, reception area, and kitchenette
  • Currently leased to an insurance company

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rollo Insurance Lampasas Insurance Agency

Suggested Use

Parking Lot & Garage Plumbing Service Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Well-appointed office layout with four offices, reception, kitchenette, and covered parking on a corner lot.
Where is this office building located?
The property is located at 408 N Key Avenue Lampasas, TX.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Commercial office building built in 1997; Includes 4 offices, reception area, and kitchenette; Currently leased to an insurance company
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More about this property
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