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Restaurant Building with Commercial Kitchen
For Sale
$169,500

112 Gassaway Ave, Lott, TX 76656

Existing dining, event, and food-service improvements support varied commercial configurations.

Property Size2,400 SF
Price / SF$70.63
Days on Market146

Property Features for 112 Gassaway Ave

General Information

Standard status Active
Size 2,400 SF
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
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Source: Northtexashomeguide
Added: Apr 13 Changed: Sep 4 Last Checked: Sep 4 at 2:08PM

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 2,400-square-foot restaurant property includes a dining area, office, stage, speaker setup, and bar seating. The interior has updated HVAC, modern light fixtures, and an updated bathroom. An interior window connects the office visually with the stage and dining room, while rear alley access supports service operations.

The property fronts State Highway 320 in downtown Lott, with downtown Temple approximately 25 minutes away and Waco approximately 30 minutes away. The commercial kitchen is equipped with a newer ventilation hood, fryer, grill, flat top, prep station, coolers, refrigerators, sinks, microwave, carts, and shelving. Furniture and kitchen equipment are included with a full-price offer.

Key Highlights

  • 2,400‑square‑foot restaurant property with dining area, office, stage, and bar seating
  • Commercial kitchen includes newer ventilation hood, fryer, grill, flat top, coolers, refrigerators, and prep equipment
  • Updated HVAC, modern lighting fixtures, and updated bathroom

Property Analytics

Current Use

Conventional restaurants

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

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 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 - Existing dining, event, and food-service improvements support varied commercial configurations.
Where is this conventional restaurant located?
The property is located at 112 Gassaway Ave 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: 2,400‑square‑foot restaurant property with dining area, office, stage, and bar seating; Commercial kitchen includes newer ventilation hood, fryer, grill, flat top, coolers, refrigerators, and prep equipment; Updated HVAC, modern lighting fixtures, and updated bathroom
More about this property
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