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Spacious Commercial Building in Lott
For Sale
$115,000

208 E Gassaway Avenue, Lott, TX 76656

4,800 sq ft commercial building with endless potential.

Property Size4,800 SF
Price / SF$23.96
Days on Market105

Property Features for 208 E Gassaway Avenue

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 3 at 12:55PM

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 Compass RE Texas, LLC.

Investment Insights

Based on property information with market context.

This expansive commercial building, with approximately 4,800 square feet of space, presents a significant opportunity for investors and entrepreneurs. Located in Lott, Texas, it is situated approximately 25 minutes from downtown Temple and 45 minutes from Waco, offering visibility and accessibility. The property features a large storefront, a deep interior, and a flexible layout, making it suitable for businesses requiring substantial space. The building, formerly an antique mall, holds a notable history within the community. The property offers the freedom to be transformed into a retail space, event venue, restaurant, office, or residential space. Positioned in a town with character and charm, this property has potential to revitalize and serve the community.

Key Highlights

  • Large 4,800 sq ft commercial building with flexible layout.
  • Unrestricted use (buyer to verify with City of Lott) for retail, event venue, restaurant, office, or residential.
  • Located in Lott, TX, with visibility and accessibility.

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 4,800 sq ft commercial building with endless potential.
Where is this storefront property located?
The property is located at 208 E Gassaway Avenue Lott, TX.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Large 4,800 sq ft commercial building with flexible layout.; Unrestricted use (buyer to verify with City of Lott) for retail, event venue, restaurant, office, or residential.; Located in Lott, TX, with visibility and accessibility.
More about this property
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