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Downtown Lott Commercial Space

116 Gassaway Ave, Lott, TX 76656

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For Sale

$178,500

Move-in ready commercial space with recent updates and flexible layout.

Type:Commercial

HighLights

Move‑in ready commercial space with recent major improvements to plumbing and electrical systems.
Conveniently located in historic downtown Lott, 25 minutes from Temple and 30 minutes from Waco.
Open interior layout, high ceilings, and concrete floors provide flexibility for various uses.
Large grade‑level roll‑up doors for easy access and functionality.
Potential for diverse uses including retail, office, workshop, event space, and storage.
Believed to have very limited restrictions, offering exceptional flexibility for future use and development.

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Listing Contact

Learn more

For Sale

$178,500

Move-in ready commercial space with recent updates and flexible layout.

Type:Commercial

Added:: May 17, 2026
Days on Market:: 24
Last Refresh:: May 17 at 5:09 am

Property Features for 116 Gassaway Ave

General Information

Standard status: Active
Property subtype: Commercial

We can help!

Listing Contact

Listing agent James Mauldin

Listing office

Listing date May 17, 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 James Mauldin

HighLights

Move‑in ready commercial space with recent major improvements to plumbing and electrical systems.
Conveniently located in historic downtown Lott, 25 minutes from Temple and 30 minutes from Waco.
Open interior layout, high ceilings, and concrete floors provide flexibility for various uses.
Large grade‑level roll‑up doors for easy access and functionality.
Potential for diverse uses including retail, office, workshop, event space, and storage.
Believed to have very limited restrictions, offering exceptional flexibility for future use and development.

Overview

Located in historic downtown Lott, this commercial space is approximately 25 minutes from downtown Temple and 30 minutes from Waco. The property is move-in ready and suitable for entrepreneurs, investors, small business owners, storage, retail, office space, workshop operations, event space, and inventory storage. Recent improvements include updated plumbing and electrical systems. Features include large grade-level roll-up doors, attached storage areas, additional attic storage space above the office, high ceilings, concrete floors, and an open interior layout. The property is believed to have very limited restrictions, offering flexibility for future use and development. Zoning and permitted uses to be independently verified with the City of Lott. The bike score is 32, indicating it is somewhat bikeable, and the walk score is 18, indicating it is car-dependent.

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

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Local Demand

City: Lott
County: Falls
State: Texas
Longitude: -97.0719
Latitude: 31.1912

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For sale
Flex space
TX
Lott
76656
116 Gassaway Ave

What type of property is this?

Flex space - Move-in ready commercial space with recent updates and flexible layout.

Where is this flex space located?

The property is located at 116 Gassaway Ave 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: Move‑in ready commercial space with recent major improvements to plumbing and electrical systems.; Conveniently located in historic downtown Lott, 25 minutes from Temple and 30 minutes from Waco.; Open interior layout, high ceilings, and concrete floors provide flexibility for various uses.