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Improved Flex Space with Roll-Up Doors
For Sale
$169,500

116 Gassaway Avenue, Lott, TX 76656

COMMERCIAL - Lott, TX

Property Size2,400 SF
Lot Size0.10 Acres
Price / SF$70.63
Days on Market95

Property Features for 116 Gassaway Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Townsite Of Lott
Lot features City Lot, Less Than Quarter Acre
Elementary school district Rosebud-Lott ISD
Middle school district Rosebud-Lott ISD
High school district Rosebud-Lott ISD
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 35356
Size 2,400 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S2060 TOWNSITE OF LOTT BLK 81 LOT 12 .096 ACRES
Tax Annual Amount 1669
Legal Description S2060 TOWNSITE OF LOTT BLK 81 LOT 12 .096 ACRES

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Brick
Roof type Metal
Listing Agency: Compass Re Texas, Llc
Listed By: Felicia Galvez-Mauldin · License #0778435
Added: May 13 Changed: Aug 4 Last Checked: Aug 15 at 3:06AM
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.

Investment Insights

Based on property information with market context.

This 2,400-square-foot flex space at 116 Gassaway Avenue offers an open interior with concrete flooring, high ceilings, and large grade-level roll-up doors. Attached storage areas and additional attic storage above the office expand the property’s functional capacity. Recent work includes updates to the plumbing and electrical systems. The building also features brick construction, a metal roof, central heating and cooling, public water, and public sewer.

The property is located in downtown Lott, approximately 25 minutes from downtown Temple and 30 minutes from Waco. Potential applications identified for the space include retail, office, storage, workshop, event, and inventory uses. Zoning and permitted uses should be independently verified with the City of Lott.

Key Highlights

  • 2,400 SF flex space on a 0.1‑acre lot
  • Large grade‑level roll‑up doors with high ceilings
  • Updated plumbing and electrical systems

Property Analytics

Current Use

Flex space

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The open layout includes attached storage, attic space, and grade-level roll-up doors for adaptable commercial use.
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 SF flex space on a 0.1‑acre lot; Large grade‑level roll‑up doors with high ceilings; Updated plumbing and electrical systems
More about this property
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