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Leased Corner Office Building

408 N Key Ave Lampasas, TX 76550

New
408 N Key Ave, Lampasas, TX, 76550
$690,000
For Sale
$690,000

COMMERCIAL - Lampasas, TX

Lot Size0.21 Acres
Days on Market5

Property Features for 408 N Key Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
1168
Lot size
0.21 Acres

Utilities

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

Building Details

Year built
1997
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick, Rock, Stone, StoneVeneer
Roof type
Metal
Listing agency Bear Real Estate Services
Listed by Audrey Bear · License #0516346
Added: Jul 18 Checked: Jul 22 at 11:06PM
MLS# 20964950

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 commercial office building offers a practical layout with four offices, a reception area, and a kitchenette for day-to-day operations. A covered front porch provides an additional entry experience, and the rear of the property includes a covered carport. The building is set up as a turnkey office space with parking convenience as part of the overall design.

Situated on a corner lot on Key Ave, the property benefits from visibility and straightforward access for visitors and employees. Covered parking at the front and rear supports a smoother arrival experience, while the location on a busy avenue helps maintain consistent exposure for an office user.

The existing lease to an insurance company makes this an appealing option for an investor seeking an income-producing office asset. For an end user, the configuration supports professional services that value private offices, a defined reception entry, and on-site parking. With its covered porch and carport, the property is well suited for a tenant looking for a clean, established office setup.

Key Highlights

  • Commercial office building built in 1997
  • 4 offices plus reception area and kitchenette
  • Corner lot on busy Key Ave with covered front porch and lots of parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rollo Insurance Lampasas Insurance Agency

Suggested Use

Parking Lot & Garage Plumbing Service HVAC Service Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store (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 - Corner commercial office building with multiple offices, reception area, and ample parking, currently leased to an insurance company.
Where is this office building located?
The property is located at 408 N Key Ave 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; 4 offices plus reception area and kitchenette; Corner lot on busy Key Ave with covered front porch and lots of parking
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