Leased Office Building Corner
For Sale
$690,000
408 N Key Ave, Lampasas, TX 76550
COMMERCIAL - Lampasas, TX
Property SizeContact for details
Lot Size0.21 Acres
Days on Market52
Property Features for 408 N Key Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Accessibility
Accessible Approach with Ramp
Directions
Take Key Ave North to Ave D. Building on left.
Standard status
Active
APN
1168
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
reception area
kitchenette
covered front porch
Building Details
Year built
1997
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Brick, Rock, Stone, StoneVeneer
Roof type
Metal
Listing Agency:
Bear Real Estate Services
(512) 556-9321
Listed By:
Audrey Bear · License #516346-B
(512) 525-9321
Added: Jul 18
Changed: Aug 5
Last Checked: Sep 7 at 5:06AM
MLS# 20964950
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.
This leased commercial office building includes four offices, a reception area, and a kitchenette. Interior finishes include carpet and tile flooring, with central electric heat and central air cooling. The building features a covered front porch, accessible approach with a ramp, and a metal roof. Construction materials include brick, rock, stone, and stone veneer.
Set on a corner lot at 408 N Key Ave in Lampasas, the property offers a covered carport in the rear and is described as being on a busy Key Ave. The building is currently leased to an insurance company.
Built in 1997, the property connects to public water and public sewer service, supporting everyday office use. Heating is electric and cooling is central air.
Set on a corner lot at 408 N Key Ave in Lampasas, the property offers a covered carport in the rear and is described as being on a busy Key Ave. The building is currently leased to an insurance company.
Built in 1997, the property connects to public water and public sewer service, supporting everyday office use. Heating is electric and cooling is central air.
Key Highlights
- Four offices plus reception area and kitchenette
- Currently leased to an insurance company
- Covered front porch and covered carport in rear
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Explore this area
Business Placement
Demographics for 76550, TX
12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Brick office building with central electric HVAC, accessible ramp, and covered carport on a corner lot.
Where is this office building located?
The property is located at 408 N Key Ave Lampasas, TX.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Four offices plus reception area and kitchenette; Currently leased to an insurance company; Covered front porch and covered carport in rear
