208 Lufkin Ave Lufkin, TX 75901-0310
- Commercial real estate
- 9,500 SF
- 0.08 lot acres
Current Use by Public Records
- J.Cole Photography / Photography Service / (Bike/Boat/Book/etc) Store
- OHR sugaring / Hair Salon
- Bella Grace Shoppe / Clothing & Fashion Store
Property Details for 208 Lufkin Ave
- Year built
- 1940
- Lot size
- 0.08 lot acres
- Property size
- 9,500 SF
- Property type
- Commercial real estate
- APN
- 3570-388-016-004-00
- APU
- 357038801600400
Description
This exceptional commercial property at 208 East Lufkin Avenue in Angelina County, Texas, presents a unique investment opportunity. Priced at $450,000, this vacant, mixed-use building offers 9,500 square feet of space across two stories, situated on a 0.08-acre lot. Built in 1940, the structure is zoned C-Commercial and boasts a rich history as a restaurant. The ground floor features a fully equipped commercial kitchen, a spacious dining area, and two restrooms, each with multiple stalls. The upper level provides versatile office spaces with significant potential, along with three additional restrooms. The property is conveniently located in the thriving Downtown Lufkin area, offering on-street parking. While the building is not currently handicap accessible, its substantial size and prime location make it an ideal canvas for a variety of commercial ventures. This is a rare chance to acquire a substantial property in a dynamic Texas city. The property's size, layout, and location offer significant potential for a variety of uses. The building's history as a restaurant provides a solid foundation for a food service business, while the upper-level office spaces offer flexibility for expansion or additional revenue streams. This is an excellent opportunity for an owner/user seeking a prominent location in a growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $545,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $537,000
Market price range: $537k - $1.63M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $890,000
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Location Insight
- Map
- Local Demand
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Longitude
- -94.7275
- Latitude
- 31.3384
- CBSA code
- 31260
- CBSA name
- LUFKIN, TX MICROPOLITAN STATISTICAL AREA