Downtown Restaurant With Event
For Sale
$169,500
112 Gassaway Avenue, Lott, TX 76656
COMMERCIAL - Lott, TX
Property SizeContact for details
Lot Size0.09 Acres
Days on Market47
Property Features for 112 Gassaway Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Buyer to verify with city of Lott
Parking features
On Street, Alley
Subdivision
Townsite Of Lott
Directions
From I-35 in Temple, take Exit 299 and merge onto TX-53 E toward Lott. Continue for approximately 18 miles. Upon entering Lott, turn left onto Gassaway HWY 320, property located just past A B Davis on the left in front of City Hall.
Standard status
Active
APN
35358
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
S2060 TOWNSITE OF LOTT BLK 81 LOT 14 .089 ACRES
Tax Annual Amount
910
Legal Description
S2060 TOWNSITE OF LOTT BLK 81 LOT 14 .089 ACRES
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public
Amenities
updated HVAC
modern lighting fixtures
updated bathroom
rear alley access
spacious dining area
stage and speaker setup
office with interior viewing window
Building Details
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
Compass RE Texas, LLC.
(214) 814-8100
Listed By:
Felicia Galvez-Mauldin · License #0778435
(254) 702-2957
Added: Jul 18
Changed: Aug 4
Last Checked: Sep 2 at 12:06PM
MLS# 21268322
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 conventional restaurant property includes a spacious dining room with wooden tables, chairs, and bar stools, along with a stage and speaker system. The commercial kitchen is equipped with a ventilation hood, fryer, grill, flat-top cook station, prep station, cooler, refrigerators, sinks, microwave, prep carts, shelving, and related fixtures. Updated HVAC, modern light fixtures, an updated bathroom, and an office with an interior window overlooking the dining room and stage add to the existing improvements.
The property occupies 0.09 acres at 112 Gassaway Avenue in downtown Lott, with visibility along State Highway 320 and access from the rear alley. Public water and public sewer serve the site. On-street and alley parking are available, while the building has brick construction, concrete flooring, and a metal roof. It is located approximately 25 minutes from downtown Temple and 30 minutes from Waco.
The property occupies 0.09 acres at 112 Gassaway Avenue in downtown Lott, with visibility along State Highway 320 and access from the rear alley. Public water and public sewer serve the site. On-street and alley parking are available, while the building has brick construction, concrete flooring, and a metal roof. It is located approximately 25 minutes from downtown Temple and 30 minutes from Waco.
Key Highlights
- 0.09‑acre restaurant property at 112 Gassaway Avenue, Lott, TX 76656
- Visible along State Highway 320 in historic downtown Lott
- Commercial kitchen with hood, fryer, grill, flat top, prep station, coolers, refrigerators, and sinks
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing commercial kitchen, stage, and flexible dining area accommodate restaurant, entertainment, and gathering uses.
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: 0.09‑acre restaurant property at 112 Gassaway Avenue, Lott, TX 76656; Visible along State Highway 320 in historic downtown Lott; Commercial kitchen with hood, fryer, grill, flat top, prep station, coolers, refrigerators, and sinks
