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Downtown Lott Versatile Commercial Space
For Sale
$55,000

0 Gassaway Ave, Lott, TX 76656

Adaptable commercial space in downtown Lott, Texas, ready for business.

Lot Size0.10 Acres
Days on Market246

Property Features for 0 Gassaway Ave

General Information

Standard status Active
Lot size 0.10 Acres
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Jul 30 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE Texas, LLC.

Investment Insights

Based on property information with market context.

Located on a main street in downtown Lott, Texas, this property, formerly a beauty salon, offers a versatile space suitable for various business ventures. The property has no restrictions, allowing for diverse uses such as a retail shop, office, or salon. Situated approximately 30 minutes from Temple and 45 minutes from Waco, it combines small-town charm with accessibility to larger markets. This property presents an opportunity for entrepreneurs and investors seeking a space with potential in a growing community. Its adaptable layout and prime downtown location make it suitable for establishing a business in a visible location that welcomes new development. Neighboring properties are also for sale and can be purchased as a package.

Key Highlights

  • Prime downtown location on a main street in Lott.
  • Versatile space suitable for retail, office, salon, or other ventures with no restrictions.
  • Located 30 minutes from Temple and 45 minutes from Waco.

Property Analytics

Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
Well-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Adaptable commercial space in downtown Lott, Texas, ready for business.
Where is this storefront property located?
The property is located at 0 Gassaway Ave Lott, TX.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Prime downtown location on a main street in Lott.; Versatile space suitable for retail, office, salon, or other ventures with no restrictions.; Located 30 minutes from Temple and 45 minutes from Waco.
More about this property
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