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Restaurant Building with Commercial Kitchen
For Sale
$169,500

112 Gassaway Avenue, Lott, TX 76656

Restaurant furnishings, commercial equipment, and rear alley access are included.

Property Size2,400 SF
Price / SF$70.63
Days on Market29

Property Features for 112 Gassaway Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial
Zoning Buyer to verify with city of Lott

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Furnished Yes

Building Details

Building Size 2,400 SF
Year Built 9999
Stories 1
Units 1
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Source: Fullhouserealtytx
Added: Aug 1 Changed: Aug 28 Last Checked: Aug 24 at 7:21AM

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 furnished with wooden tables, chairs, and bar stools, along with a stage and speaker setup. An interior viewing window connects the office with both the stage and dining room. The commercial kitchen contains a newer ventilation hood, fryer, grill, flat top cook station, prep station, cooler, stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, and shelving. Updated HVAC, modern lighting fixtures, and an updated bathroom are also in place.

The property is in historic downtown Lott along State Highway 320, with rear alley access. It is approximately 25 minutes from downtown Temple and 30 minutes from Waco. Furniture and commercial kitchen equipment are included with a full-price offer.

Key Highlights

  • 2,400‑square‑foot restaurant property in historic downtown Lott
  • Located along State Highway 320 with rear alley access
  • Commercial kitchen includes hood, fryer, grill, flat top, prep station, coolers, sinks, and refrigerators

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 - Restaurant furnishings, commercial equipment, and rear alley access are 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 $169,500.
What are key features of this property?
This property features: 2,400‑square‑foot restaurant property in historic downtown Lott; Located along State Highway 320 with rear alley access; Commercial kitchen includes hood, fryer, grill, flat top, prep station, coolers, sinks, and refrigerators
More about this property
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