708 Loop 289 Lubbock, TX 79404

This exceptional industrial property, located at 708 SE Loop 289 in Lubbock, Texas, offers a unique investment opportunity. The complex comprises two buildings totaling 30,300 square feet on a 1.8-acre lot. The original 8,300-square-foot structure, built in 1971, features two offices, a break room, two restrooms, open warehouse space, and two drive-thru bays—one with a floor drain. A significant renovation occurred in 2016, resulting in a second, 22,000-square-foot building. This newer addition boasts an open reception/showroom area, an office, a restroom, ample warehouse space, 2,800 amps of 3-phase electrical service, compressed air lines throughout, two ten-ton HVAC units, and four overhead doors. Both buildings are fully fenced and enclosed, providing secure parking and stack yard areas. The property benefits from a 16-foot ceiling height and is conveniently situated on SE Loop 289. The property is not located in a flood zone. Currently zoned LI (Light Industrial), permitted uses include office, warehousing, distribution, and light assembly, aligning with the City of Lubbock's Unified Development Code (effective October 1, 2023). This versatile property presents a compelling opportunity for various industrial uses. The asking price is $2,200,000 ($72.61/sq ft).