1601 Vanda Ave Lubbock, TX 79403

This 8,638 square foot Class C medical office building at 1601 Vanda Ave, Lubbock, TX 79403, is available for sale for $325,000. Previously used as a 41-bed assisted living facility, this property offers over 20 rooms and presents a unique investment opportunity. The building, constructed in 1964, sits on commercially zoned land and is currently vacant. Its versatile layout allows for adaptation to various uses, including medical offices, general office space, or even multi-family conversion (subject to necessary permits and approvals). The property boasts ample parking and benefits from a convenient location near major highways and Lubbock Preston Smith International Airport, ensuring excellent accessibility. The sale is a sale/leaseback opportunity, and the lease type is NNN. This property is being offered as-is by the owner. The building's size and layout provide significant potential for a variety of commercial ventures. Interested parties should conduct their own due diligence to verify all aspects of the property and its suitability for their intended use.