Nice Multi-Use Property in Depot Area

Retail-Commercial for Sale
Catylist Listing ID: 29967286
Property Subtypes: Street Retail
Building Size (RSF): 13,000 SF
Sale Price: $599,000
Unit Price: $46.08 PSF
Property Use Type: Vacant/Owner-User
Building Name: NIce Multi-Use Property in Depot Area
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2018

Overview / Comments

Impressive multi-use property available in great location in Depot District. This unique property is divided into 3 areas. First area is a ballroom style party room with seating capacity of approximately 225 guests. Featuring a dance floor, bar, and beautiful staircase leading into upstairs office. Second area is office space with a warehouse and two overhead doors. Third area is a separate office space.Property also has kitchen with two refrigerators and stove, two restrooms, waiting area, and multiple storage rooms.

• Great location on corner property
• Expansively updated
• Multi-use property with many possibilities
• In the revitalizing downtown area
• Overhead doors: 12x14 (2)
• Zoned CB-2

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R115897
Area Description: Located in the heart of Lubbock's central business district. Near I-27 Hwy (Approx. 1500 Ft) with cross streets on 14th and Texas Avenue.
Year Built: 1950

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,297 80,122 167,645
Median Age: 29.89 29.51 31.63
Households: 3,394 28,007 63,493

Contact

Photograph of Listing Agent

David Powell, CCIM

The Powell Group at Keller Williams Commercial
West Texas CIE Member
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