6604 I-27

Retail-Commercial for Sale
Catylist Listing ID: 30676083
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,303 SF
Gross Building Area: See Agent
Gross Land Area: 1.77 Acres
Sale Price: $450,000
Unit Price: $136.24 PSF
Property Use Type: Investment, Business
Building Name: Hope Kitchen
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/8/2021

Overview / Comments

2nd Generation restaurant space now available on the access road of I27 near S Loop 289. Most recently used by the South Plains Food Bank to prepare daily meals, this property has it all!

Boasting a walk-in cooler, walk-in freezer, wash room with mop sink and a washer/dryer, and an additional heated and cooled storage building; this property is perfect for a restaurant.

The space is currently separated with office space up front and a very large, commercial kitchen in the rear. The office space could easily be changed back to an open dining area. However, much of the kitchen could be further demised to meet the needs for additional office space and no kitchen for a non-restaurant user.

The entire 1.77 acres is gated which could be used for a secure stack yard, additional parking, or additional buildings if needed.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R45740
Zoning: IHC
Retail Clientele: General
Property Located Between: 66th and I27
Property Visibility: Excellent
Largest Nearby Street: I-27
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1981
Parking Type: Surface
Parking Description: Gated and paved 1.77 acre stack yard
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Interstate Highway
Lot Frontage: ~180
Lot Depth: ~423
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SOUTH LOOP L 2-B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,709 80,557 171,331
Median Age: 28.19 32.22 32.43
Households: 3,666 31,160 65,544

Contact

Photograph of Listing Agent

Jeremy Steen

McDougal, REALTORS
West Texas CIE Member
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