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Flexible Downtown Flex Space
For Sale
$169,500

116 Gassaway, Lott, TX 76656

COMMERCIAL - Lott, TX

Property SizeContact for details
Lot Size0.10 Acres
Days on Market29

Property Features for 116 Gassaway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Buyer to verify zoning with City of Lott
Parking features On Street
Security features Security
Subdivision Townsite Of Lott
Lot features Acreage
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
Lot size 0.10 Acres

Taxes and HOA fees

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 Central, Electric (Heating)
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Amenities

large grade-level roll-up doors
attached storage areas
additional attic storage space above the office
high ceilings
concrete floors
open interior layout

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.
Listed By: Felicia Galvez-Mauldin · License #0778435
Added: Jul 18 Changed: Aug 4 Last Checked: Aug 15 at 3:06AM
MLS# 21269951

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 flex-space property in downtown Lott offers an open interior with concrete floors, high ceilings, and large grade-level roll-up doors. The building includes attached storage areas, an office with additional attic storage above, and brick construction under a metal roof. Recent improvements include updated plumbing and electrical systems. Central air, central electric heating, and ceiling fans serve the space.

The property occupies 0.1 acres at 116 Gassaway and has access to public water and public sewer. On-street parking is available. Downtown Temple is approximately 25 minutes away, while Waco is approximately 30 minutes away. Zoning and permitted uses should be verified independently with the City of Lott.

Key Highlights

  • 0.1‑acre flex‑space property at 116 Gassaway, Lott, TX 76656
  • Large grade‑level roll‑up doors with open interior configuration
  • Updated plumbing and electrical systems

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Dental Office Furniture & Home Goods Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout with upgraded plumbing and electrical systems, storage areas, and grade-level loading access.
Where is this flex space located?
The property is located at 116 Gassaway 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: 0.1‑acre flex‑space property at 116 Gassaway, Lott, TX 76656; Large grade‑level roll‑up doors with open interior configuration; Updated plumbing and electrical systems
More about this property
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