Downtown Opportunity Zone Property

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30343166
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 11,500 SF
Gross Building Area: See Agent
Gross Land Area: 5,750 SF
Sale Price: $334,000
Unit Price: $29.04 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2020

Overview / Comments

701 Broadway is located at the corner of historic Broadway Ave and Ave F. This building is 2 stories with a quarter basement. The 1st floor has multiple retail/open spaces and the 2nd floor is set up as efficiencies. With a vision and creativity this building has abundant possibilities.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R111559
Zoning: CB-2
Retail Clientele: Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Broadway Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1940

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,398 78,086 159,048
Median Age: 30.26 28.88 31.87
Households: 2,760 27,005 59,537


Photograph of Listing Agent

Karen Higgins, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
Photograph of Listing Agent

Alison Blalock, CCIM

WestMark Commercial | TCN Worldwide West Texas CIE Member
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