Medical District Investment - Gutted and Ready to Finish!
Office
for Sale
| Catylist Listing ID: |
30501655 |
| Property Subtypes: |
Medical
|
| Building Size (RSF): |
1,640 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$205,000 |
| Unit Price: |
$125 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
4020 21st |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/16/2020 |
Overview / Comments
**Recently gutted and ready for a new finish!*
Former Optometrist Office sustained for over 30 years. This corner office located in the heart of the Lubbock's medical district, has great bones and remodel flexibility. Store front glass and doors brighten the space and create a professional looking entry for businesses or medical practices. Commercial Investors please ask for showing to capitalize on the ROI potential here. Space just needs to be opened up and arranged with a functional plan for potential users with the usual cosmetic updates: flooring, paint and lighting fixture upgrades.
|
Additional Details
| Nearest MSA: |
Lubbock |
| County: |
Lubbock |
| Tax ID/APN: |
R113375 |
| Zoning: |
C-2A |
| Property Located Between: |
Medical District Hotels and Covenant Hospitals |
| Property Visibility: |
Excellent |
| Highway Access: |
Easily accessible off of Marsha Sharp and 19th Street |
| Site Description: |
Side parking in paved lot. Tree lined street in a professional medical district. |
| Year Built: |
1965 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick building with stucco at roofline, glass store front entries, covered walk ways, fully accessible with railing, landscaped and mature tree lined street elevation with wide sidewalk |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Interior Description: |
Steel frame interior with 12' ceiling potential. |
| Zoning Description: |
C-2A |
| Lot Frontage: |
280' |
| Lot Depth: |
123' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
Ashley BLK 1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,924 |
129,954 |
207,698 |
| Median Age: |
32.47 |
29.71 |
31.91 |
| Households: |
4,365 |
50,500 |
80,718 |
|
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