Medical District Investment - 'Industrial Look'

Office for Sale
Catylist Listing ID: 30737399
Property Subtypes: Executive Suites, Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 1,640 SF
Gross Building Area: See Agent
Sale Price: $125,000
Unit Price: $76.22 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 4020 21st
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/26/2021

Overview / Comments

**Recently gutted and ready for a new finish! This space has the industrial look many clients are looking for. The possibilities are many!
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.

Attachments & Media

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: Good
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

View FullscreenMap

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


Photograph of Listing Agent

Holly Richardson

James Morgan, Ltd. West Texas CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Lubbock Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.