2601 19th St.

Retail-Commercial for Sale
Catylist Listing ID: 30739635
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 51,640 SF
Gross Building Area: See Agent
Sale Price: $4,000,000
Unit Price: $77.46 PSF
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/9/2021

Overview / Comments

Located across the street from Texas Tech University, The Godbold MultiArts Center includes nearly 8,100 SF for Anchor Tenant Cafe J's & Art Bar, 3,500 SF North Wing for prime retail sales & remaining development opportunity of 40,000 SF for possible student housing, short term rental, tea & coffee shop and entertainment venue. From the launch of St. Mary's of the Plains Hospital to the Al Hambra Hotel and Restaurant, this commercial retail center has roots deep in Lubbock's History. Including but not limited to Buddy Holly & The Chicks (formerly The Dixie Chicks) The Godbold MultiArts Center appeals to the best West Texas has to offer. All of this steps from the university on 2.79 Acres. With estimated daily traffic counts in the 40,000 range, few commercial properties have this potential in such ideal location. Zoned C-2 & C-4 and existing parking of over 200 spaces, schedule your property tour today!

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R38502
Parking Type: Surface
Zoning Description: C2 - Restaurant & parking zoned C4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,397 109,100 202,949
Median Age: 23.97 29.95 31.86
Households: 6,977 40,218 78,273

Contact

Photograph of Listing Agent

Doug Duncan

KW Commercial West Texas CIE Member
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