204 E Gassaway Ave, Lott, TX 76656

$47,500

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List Price
$47,500
Price Change
▼ $2,500 1785820298
MLS#
229173
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1960
Construction Status
Preowned
Acres
0.10
County
Falls
City
Lott

Property Description

Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 25 minutes from downtown Temple and 45 minutes from Waco, this property offers access to major markets while retaining the charm of small-town life. This property is one of Lott's landmarks, known as the- The Western Fair, a renowned Western wear store that once drew visitors from across the state. Although it has since closed, its legacy contributes to the town's unique character and community pride. This commercial property comes with the significant advantage of having no restrictions (buyer to verify with City of Lott), providing you with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, residential, hospitality, or a mixed-use development, the possibilities are vast. Investing in this property means becoming part of a community with deep roots and a welcoming atmosphere. Seize this rare opportunity to own a piece of Lott's heritage and contribute to its vibrant future. With its strategic location, unrestricted potential, and rich history, this commercial property is a must-have for discerning investors. Neighboring properties for sale as well and can all be purchased as package together.

Additional Information

Unexempt Taxes
$1,238
Tenant Pays
None
Lot Size
4,181
Acres
0.10
Flooring
Combination, Concrete
Foundation
Slab
Roof
Other
Building Stories
1
Stories
1
Parking Garage
On Street
School District
Rosebud-Lott Isd
Possession
CloseOfEscrow
Proposed Use
Automotive, Food Service, Hotel/Motel, Industrial, Medical/Dental, Office, Other, Place Of Worship, Restaurant, Retail, Warehouse, Wholesale Operation

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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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