112 Gassaway Ave, Lott, TX 76656

$169,500

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List Price
$169,500
Price Change
▼ $9,000 1785820606
MLS#
21268322
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Preowned
Acres
0.09
County
Falls
City
Lott
Subdivision
Townsite Of Lott

Property Description

Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility. Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, café, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.

Additional Information

Unexempt Taxes
$910
Tenant Pays
Other
Lot Size
3,920
Acres
0.09
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Alley Access, On Street
Possession
CloseOfEscrow
Proposed Use
Other, Restaurant
Inclusions
Building Only, Furniture

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Calculator source: Real Geeks

Listing courtesy of Felicia Galvez-Mauldin from Compass RE Texas, LLC.. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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