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Two-Building Storefront Property
For Sale
$475,000

904 S Key Avenue, Lampasas, TX 76550

CommercialSale, Lampasas, TX

Property SizeContact for details
Lot Size0.19 Acres
Days on Market47

Property Features for 904 S Key Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision L S C 1st
Directions On the corner of HWY 183 and 281 in front of Taco Bell.
Standard status Active
APN 1286
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOT: W59 L3 W59 OF N16 OF LOT 2 BLK: 27 ADDN:
Tax Annual Amount 115
Legal Description LOT: W59 L3 W59 OF N16 OF LOT 2 BLK: 27 ADDN:

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Laminate
Building materials Concrete
Roof type Flat
Listing Agency: Bear Real Estate Services
Listed By: Audrey Bear · License #516346-B
Added: Jul 18 Changed: Aug 22 Last Checked: Sep 2 at 12:06PM
MLS# 21087436

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 storefront property consists of two connected buildings separated by an exterior firewall. The south portion is occupied by a flower shop, while the north portion operates as a gift shop. The south building received a new roof in 2023, and the north building retained its existing roof. Construction is concrete, with laminate flooring, central heating, electric heat, central air, and electric cooling.

The property sits on 0.187 acres at 904 S Key Avenue in Lampasas, Texas 76550. Public water and public sewer serve the site. Built in 1960, the improvements use a flat roof configuration and provide two distinct commercial areas within the same property.

Key Highlights

  • Two connected storefront buildings with an exterior firewall between them
  • South building received a new roof in 2023
  • 0.187‑acre property at 904 S Key Avenue, Lampasas, TX 76550

Property Analytics

Current Use

El Frias Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Furniture & Home Goods Plumbing Service Law Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Under-served
Demand for This Use

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 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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Similar Off Market Nearby

  • Petal Peddlers Florist 1205 Fourth St, Lampasas, TX 76550

Frequently Asked Questions

What type of property is this?
Storefront property - Separate storefront areas share an exterior firewall and include central heating and cooling.
Where is this storefront property located?
The property is located at 904 S Key Avenue Lampasas, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two connected storefront buildings with an exterior firewall between them; South building received a new roof in 2023; 0.187‑acre property at 904 S Key Avenue, Lampasas, TX 76550
More about this property
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