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    Mixed-use properties

    411 Avenue J, Lubbock, TX 79401

    7,100 SF 0.9 ac lot Built 1930
    Property ID
    Property summary
    AI-generated overview

    This unique Lubbock property, located in the heart of the Downtown Art District, offers a rare opportunity to own a piece of history. The former power plant, built in 1930 and renovated in 2020, comprises two buildings (407 & 411 Avenue J) totaling 7,100 to 16,000 square feet on a 0.9-acre lot. The property features 75 parking spaces and is zoned CB-6, making it ideal for a variety of uses, including restaurants, bars, or entertainment venues. Original features like a 1930s generator and overhead crane are preserved, creating a multi-dimensional space with unique character. The buildings boast mezzanines, basement/tunnels, and overhead doors. Each building is available for purchase individually or together for $550,000. Its prime location across from the Charles Adams Studio and near the Lubbock Memorial Civic Center and the new Buddy Holly performing arts center provides excellent visibility and accessibility. This adaptive reuse project blends historic charm with modern elements, offering a truly distinctive commercial space. The property's location on the Art Trail further enhances its appeal. The Lubbock County property (APN R88828) presents a compelling investment opportunity in a thriving urban environment.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1930
    Total area 7,100 SF
    Lot 0.9 ac (39,204 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • LP&L Plant #1 Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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