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Two-Building Retail Property

904 S Key Avenue Lampasas, TX 76550

New
904 S Key Avenue, Lampasas, TX, 76550
$475,000
For Sale
$475,000

COMMERCIAL - Lampasas, TX

Lot Size0.19 Acres
Days on Market2

Property Features for 904 S Key Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
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

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
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
TX
Listed by Audrey Bear · License #0516346
Added: Jul 18 Checked: Jul 19 at 5:06 am
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 is a two-building retail property configured as a south and north portion separated by an exterior firewall. The south side was previously operated as a grocery store and is currently referenced as the flower shop, while the north side is referenced as a gift shop. The buildings are connected on the overall site yet separated for distinct operations.

The property is located at 904 S Key Avenue in Lampasas, Texas (76550). The south side received a new roof in 2023 and paperwork is available, while the north side did not require a roof replacement.

With the exterior firewall separation, the layout supports tenant flexibility for operators seeking to manage more than one retail use or a buyer looking for multi-tenant possibilities within a single site. The seller also notes that, while current rents are modest by design, the location is believed to have room to support higher rental income. This makes the property worth a serious look for retail investors and small operators evaluating a compact, divided retail asset.

Key Highlights

  • Two‑building setup with a firewall between the south (flower shop) and north (gift shop) sides
  • South side new roof installed in 2023 (paperwork available)
  • Electric and central heating; central air and electric cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

El Frias Restaurant

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm HVAC Service Furniture & Home Goods Plumbing Service Skin Care Clinic (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Retail property in Lampasas configured for separation between the south and north portions, with a newer roof on the south.
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‑building setup with a firewall between the south (flower shop) and north (gift shop) sides; South side new roof installed in 2023 (paperwork available); Electric and central heating; central air and electric cooling
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