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Restaurant with Commercial Kitchen Equipment
New
For Sale
$178,500

112 Gassaway Avenue, Lott, TX 76656

Restaurant space with updated HVAC, staging and speaker setup, and a full commercial kitchen package included.

Days on Market3

Property Features for 112 Gassaway Avenue

General Information

Standard status Active
Property subtype Commercial

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Furnished Yes

Amenities

updated HVAC
modern lighting fixtures
updated bathroom
rear alley access
stage and speaker setup
office with interior viewing window

Building Details

Building Size 2,400 SF
Year Built 9999
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Source: Vickiesteam
Added: Jul 29 Changed: Jul 31 Last Checked: Jul 31 at 1:01AM

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.

This restaurant property was previously operated as a restaurant and is ready for the next concept. The layout includes a spacious dining area, an office that overlooks the stage and main dining area through an interior viewing window, and rear alley access. A stage and speaker setup are in place for live music, events, entertainment, or community gatherings.

The commercial kitchen is equipped with a newer ventilation hood system plus cooking and prep equipment including a fryer, grill, flat top cook station, prep station, and cooler. Additional equipment includes a commercial stainless steel side-by-side refrigerator, an additional refrigerator, a three-compartment wash sink, a handwashing sink, microwave, prep carts, and shelving. Updated HVAC, modern lighting fixtures, and an updated bathroom are also included. Furniture and commercial kitchen equipment are included.

Located in historic downtown Lott with visibility along State Highway 320, the property is about 25 minutes from downtown Temple and 30 minutes from Waco.

Key Highlights

  • Visible along State Highway 320 in historic downtown Lott
  • Stage and speaker setup for live music, events, and entertainment
  • Rear alley access plus dining area and office with interior viewing window

Property Analytics

Current Use

Conventional restaurants

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with updated HVAC, staging and speaker setup, and a full commercial kitchen package included.
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 $178,500.
What are key features of this property?
This property features: Visible along State Highway 320 in historic downtown Lott; Stage and speaker setup for live music, events, and entertainment; Rear alley access plus dining area and office with interior viewing window
More about this property
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