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Historic Hemphill-Wells Building For Sale
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1212 Avenue J, Lubbock, TX 79401

Unique downtown office/retail space in revitalizing area.

Property Size77,350 SF
Price / SF$32.32
Days on Market2126

Property Features for 1212 Avenue J

General Information

Standard status Active
Size 77,350 SF
Class C
Property subtype Office

Building Details

Year Built 1950
Buildings 1
Stories 4
Tenancy Multi
Listing Agency: McDougal Realtors
Listed By: Carrigan Williams · License #TX 773761
Source: Crexi
Added: Oct 29, 2020 Changed: Aug 21 Last Checked: Aug 23 at 8:00AM

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 McDougal Realtors

Investment Insights

Based on property information with market context.

The Historic Hemphill-Wells building, originally a three-floor department store, is available for sale. The building features original architecture and character, now transformed into a unique office space. It includes three floor levels, a mezzanine above the first floor, and a basement that spans the entire building. The first floor features a largely open concept with wooden vinyl plank flooring. The mezzanine, also open to the first floor, complements the open concept. The bottom floor and mezzanine are suitable for retail or single-tenant office use in downtown Lubbock, which is undergoing revitalization. The second and third floors, primarily office space, are not open to the bottom floor and mezzanine, making them suitable for office or administrative purposes. The building includes three spiral slide fire escapes and large built-in vaults/safes on the second and third floor levels. The property has a size of 77350 square feet.

Key Highlights

  • Historic Hemphill‑Wells building with unique architectural character.
  • Versatile space suitable for retail, office, or administrative use.
  • Located in the heart of downtown Lubbock, undergoing revitalization.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Gym & Fitness Center Nail Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Locksmith

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

1,995
Businesses Nearby

Demographics for 79401, TX

8,775
Population
4,813
Households
1.8
Avg Household Size
26
Median Age
26%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
3,510
Density / Sq Mi
$27,255
Median Household Income
$20,570
Median Earnings
$1,048
Median Rent
$101,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Unique downtown office/retail space in revitalizing area.
Where is this office building located?
The property is located at 1212 Avenue J Lubbock, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Historic Hemphill‑Wells building with unique architectural character.; Versatile space suitable for retail, office, or administrative use.; Located in the heart of downtown Lubbock, undergoing revitalization.
(806) 797-3162 Call to check price and availability
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