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Storefront Property
For Sale
$47,500

204 E Gassaway Avenue, Lott, TX 76656

CommercialSale, Lott, TX

Property SizeContact for details
Lot Size0.10 Acres
Days on Market47

Property Features for 204 E Gassaway Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Parking features On Street
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/320, property located just past 2nd Street on the left. 4th Building on the left.
Standard status Active
APN 36442
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description S2060 TOWNSITE OF LOTT BLK 80 LOT 17 .096 ACRES
Tax Annual Amount 1238
Legal Description S2060 TOWNSITE OF LOTT BLK 80 LOT 17 .096 ACRES

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Concrete, Combination
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Added: Jul 18 Changed: Aug 23 Last Checked: Sep 2 at 3:06PM
MLS# 229173

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.

Located at 204 E Gassaway Avenue in Lott, this commercial storefront building was constructed in 1960. Interior finishes include concrete and combination flooring, while parking is provided along the street. The property is served by public water and public sewer.

The building formerly operated as The Western Fair, a Western wear store identified in the property information as a longstanding local landmark. Its commercial storefront format and existing utility connections provide a factual foundation for continued business use, subject to applicable verification and approvals.

Key Highlights

  • 1960 construction
  • Former location of The Western Fair Western wear store
  • Concrete and combination flooring

Property Analytics

Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
CEFCO Shops & Services
2,770 visits/mo 0.1 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - 1960 building with concrete and combination flooring, on-street parking, and public utilities.
Where is this storefront property located?
The property is located at 204 E Gassaway Avenue Lott, TX.
What is the asking price?
The asking price for this property is $47,500.
What are key features of this property?
This property features: 1960 construction; Former location of The Western Fair Western wear store; Concrete and combination flooring
More about this property
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