Downtown Flex Space with
116 Gassaway Avenue, Lott, TX 76656
For Sale
$169,500
CommercialSale, Lott, TX
Property Size2,400 SF
Lot Size0.10 Acres
Price / SF$70.63
Days on Market185
Property Features for 116 Gassaway Avenue
General Information
Property type
Property subtype
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Compass Re Texas, Llc
(214) 814-8100
Listed By:
Felicia Galvez-Mauldin · License TX #0778435
(254) 702-2957
Added: May 13
Changed: Nov 10
Last Checked: Nov 13 at 1:06PM
MLS# 613781
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex space at 116 Gassaway Avenue combines an open interior with high ceilings, concrete floors, and large grade-level roll-up doors. The brick building includes attached storage areas and additional attic storage above the office. Recent improvements include updated plumbing and electrical systems, while central electric heating and cooling support year-round use.
Located in downtown Lott, the property occupies 0.1 acres and has public water and public sewer service. Its configuration accommodates a range of commercial functions, including storage, retail, office, workshop, event, and inventory uses. Zoning and permitted uses should be independently verified with the City of Lott. The property is approximately 25 minutes from downtown Temple and 30 minutes from Waco.
Located in downtown Lott, the property occupies 0.1 acres and has public water and public sewer service. Its configuration accommodates a range of commercial functions, including storage, retail, office, workshop, event, and inventory uses. Zoning and permitted uses should be independently verified with the City of Lott. The property is approximately 25 minutes from downtown Temple and 30 minutes from Waco.
Key Highlights
- 2,400 square feet of flex space on 0.1 acres
- Large grade‑level roll‑up doors and open interior layout
- Attached storage plus attic storage above the office
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Updated commercial building with an open interior, grade-level access, storage areas, and public utilities in downtown Lott.
Where is this flex space located?
The property is located at 116 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 feet of flex space on 0.1 acres; Large grade‑level roll‑up doors and open interior layout; Attached storage plus attic storage above the office
