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: |
1/7/2021 |
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.
|
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
|
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 |
|
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