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Two-Building Storefront Property
New
For Sale
$475,000

904 S Key Ave, Lampasas, TX 76550

CommercialSale, Lampasas, TX

Property SizeContact for details
Lot Size0.19 Acres
Days on Market2

Property Features for 904 S Key Ave

General Information

Property type Commercial Sale
Property subtype Retail
Lot features City Lot
Directions Agent or Owner Present, Appointment Only, Call Listing Agent
Standard status Active
APN 1286
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT: W59 L3 W59 OF N16 OF LOT 2 BLK: 27 ADDN: L S C 1ST
Legal Description LOT: W59 L3 W59 OF N16 OF LOT 2 BLK: 27 ADDN: L S C 1ST

Utilities

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

Building Details

Year built 1960
Floors in Building 1
Flooring type Vinyl
Building materials Block
Listing Agency: Bear Real Estate Services
Listed By: Audrey Bear · License #0516346
Added: Sep 22 Last Checked: Sep 23 at 1:06AM
MLS# 625932

Copyright © 2026 Central Texas Multiple Listing Service. 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 comprises two connected commercial buildings with an exterior firewall separating the south and north sections. The south portion currently operates as a flower shop, while the north portion is used as a gift shop. Both areas feature block construction and vinyl flooring, with central air conditioning and electric heating and cooling.

The south building received a new roof in 2023, while the north building did not require roof replacement. Built in 1960, the property is served by public water and public sewer and is located at 904 S Key Ave in Lampasas, Texas.

Key Highlights

  • Two connected commercial buildings separated by an exterior firewall
  • South portion received a new roof in 2023
  • Current flower shop and gift shop uses

Property Analytics

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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

247
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Connected storefront areas offer separate commercial spaces with public water and sewer service.
Where is this storefront property located?
The property is located at 904 S Key Ave 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 commercial buildings separated by an exterior firewall; South portion received a new roof in 2023; Current flower shop and gift shop uses
More about this property
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