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Storefront Property with Courtyard
For Sale
$55,000

Gassaway Avenue, Lott, TX 76656

CommercialSale, Lott, TX

Property SizeContact for details
Lot Size0.10 Acres
Days on Market181

Property Features for Gassaway Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Parking features On Street
Lot features Historic District
Elementary school district Rosebud-Lott ISD
Middle school district Rosebud-Lott ISD
High school district Rosebud-Lott ISD
Directions From I-35 in Temple, take Exit 299 and merge onto TX-53 E toward Lott. Continue for approximately 18 miles. Upon entering Lott, turn left onto Gassaway/320, property located just past 2nd Street on the left.
Standard status Active
APN 30326
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description S2060 TOWNSITE OF LOTT BLK 80 LOT 18 .096 ACRES
Tax Annual Amount 764
Legal Description S2060 TOWNSITE OF LOTT BLK 80 LOT 18 .096 ACRES

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Concrete, Combination
Building materials Brick, Frame
Roof type Composition
Listing Agency: Compass RE Texas, LLC.
Listed By: Felicia Galvez-Mauldin · License #0778435
Added: Mar 5 Changed: Aug 23 Last Checked: Sep 2 at 7:06AM
MLS# 229174

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 occupies 0.096 acres on Gassaway Avenue in downtown Lott. The building dates to 1960 and features brick and frame construction, concrete and combination flooring, a composition roof, and a backyard courtyard. Its prior use as a beauty salon provides a commercial starting point for retail, office, salon, or other business applications. No restrictions are stated for the property.

Public water and public sewer serve the site, while parking is available on the street. The property is approximately 25 minutes from downtown Temple and 45 minutes from Waco, connecting the downtown setting with access to larger nearby markets. Neighboring properties are also available for purchase as a package.

Key Highlights

  • 0.096‑acre storefront property on Gassaway Avenue in downtown Lott
  • Backyard courtyard included with the property
  • Former beauty salon with potential for retail, office, or salon use

Property Analytics

Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
CEFCO Shops & Services
2,770 visits/mo 0.1 miles

Demographics for 76656, TX

2,229
Population
1,066
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
96%
High-School Grad
121.2 sq mi
ZIP Area
18
Density / Sq Mi
$74,286
Median Household Income
$47,013
Median Earnings
$825
Median Rent
$118,300
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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Frequently Asked Questions

What type of property is this?
Storefront property - Former salon space on downtown’s main street with a courtyard and public water and sewer service.
Where is this storefront property located?
The property is located at Gassaway Avenue Lott, TX.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 0.096‑acre storefront property on Gassaway Avenue in downtown Lott; Backyard courtyard included with the property; Former beauty salon with potential for retail, office, or salon use
More about this property
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