Downtown Office Space for Sale

Office for Sale
Catylist Listing ID: 30642165
Property Subtypes: Office Building
Building Size (RSF): 1,656 SF
Gross Building Area: See Agent
Gross Land Area: 6,500 SF
Sale Price: $180,000
Unit Price: $108.70 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Newly renovated office space available in Downtown Lubbock for sale! This building is perfect for someone wanting to invest in and be a part of the downtown revitalization.

The property has two completely separate office spaces, separated by a covered breezeway. It is conveniently located on Ave N between 19th and Marsha Sharp Freeway with easy access to I-27. Both offices have been renovated and in great condition. 1610 is currently rented and 1608 is now available for lease.

See attached photos, floor plans, and survey for more information.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: LCAD
Tax ID/APN: R121694 and R121668
Zoning: CB-3
Property Located Between: 17th street and Avenue N.
Property Visibility: Good
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 828 SF
Year Built: 1965
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Central Business
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ORIG T LUBBOCK BLK 192 L 17 and ORIG T LUBBOCK BLK 192 L 16

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,653 85,349 185,680
Median Age: 27.49 29.39 32.14
Households: 6,087 30,190 70,691

Contact

Photograph of Listing Agent

Jeremy Steen

McDougal, REALTORS
West Texas CIE Member
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