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Restaurant Ready in Historic Downtown

112 Gassaway Lott, TX 76656

Claim this Listing
For Sale
$178,500

Restaurant with equipment included, ready for new owner.

Type:Commercial
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jul 3 at 3:24 am

Property Features for 112 Gassaway

General Information

Standard status
Active
Property subtype
Commercial

Listing office Dallas Compass, LLC.

Listing date May 14, 2026

Source Elliman

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 Dallas Compass, LLC.


Investment Insights

Based on property information with market context.

Previously operated as a restaurant, this property is located in the heart of historic downtown Lott along visible State Highway 320, approximately 25 minutes from downtown Temple and 30 minutes from Waco. It features updated HVAC, modern lighting fixtures, and an updated bathroom. The property also offers rear alley access and a spacious dining area equipped with wooden dining tables, chairs, and bar stools. A stage and speaker setup are present, suitable for live music, events, entertainment, or community gatherings. An office with an interior viewing window overlooks both the stage and the main dining area. The commercial kitchen includes a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, an additional refrigerator, a three-compartment wash sink, a handwashing sink, a microwave, prep carts, and shelving. The property is suited for a restaurant, café, event venue, music venue, or other destination business. With a full-price offer, furniture and commercial kitchen equipment are included.

Key Highlights

  • Prime location in historic downtown Lott with high visibility on State Highway 320.
  • Spacious dining area with stage and speaker setup, ideal for live music, events, and community gatherings.
  • Fully equipped commercial kitchen included with full‑price offer, significantly reducing startup costs.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Dental Office Furniture & Home Goods Cafe & Coffee Shop Home Appliance Store Nail Salon Food Market Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Restaurant with equipment included, ready for new owner.
Where is this conventional restaurant located?
The property is located at 112 Gassaway 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: Prime location in historic downtown Lott with high visibility on State Highway 320.; Spacious dining area with stage and speaker setup, ideal for live music, events, and community gatherings.; Fully equipped commercial kitchen included with full‑price offer, significantly reducing startup costs.
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