Search
Mixed-Use Property with Retail Building
For Sale
$198,000

400 Phelps Ave, Littlefield, TX 79339

A 1,375-square-foot commercial building is paired with two occupied residential rental units at the rear.

Property Size1,375 SF
Price / SF$144
Days on Market165

Property Features for 400 Phelps Ave

General Information

Standard status Active
Size 1,375 SF

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Multifamily Units 2
Listing Agency: Exit Realty of Lubbock
Listed By: Kristal Saenz · License #0669452
Source: Exprealty
Added: May 6 Changed: Oct 16 Last Checked: Oct 16 at 2:20PM

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 Exit Realty of Lubbock

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property in Littlefield combines a 1,375-square-foot commercial building with two residential rental units positioned behind it. The front building is described as suitable for retail, office, or service use, while both rear units are occupied by long-term tenants.

The property sits on a corner along a main thoroughfare at 400 Phelps Ave. Its commercial and residential components provide distinct spaces within one property.

Key Highlights

  • 1,375‑square‑foot commercial building
  • Two occupied residential rental units at the rear
  • Corner location on a main thoroughfare

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Building Supply Restaurant Hair Salon

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

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 79339, TX

6,744
Population
3,081
Households
2.2
Avg Household Size
38
Median Age
17%
College-Educated
78%
High-School Grad
334.8 sq mi
ZIP Area
20
Density / Sq Mi
$57,035
Median Household Income
$35,350
Median Earnings
$1,019
Median Rent
$76,500
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A 1,375-square-foot commercial building is paired with two occupied residential rental units at the rear.
Where is this mixed-use property located?
The property is located at 400 Phelps Ave Littlefield, TX.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: 1,375‑square‑foot commercial building; Two occupied residential rental units at the rear; Corner location on a main thoroughfare
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again