Catylist ID: #30594945
Historical Downtown Building - Build to Suit
Retail-Commercial for Sale
|Catylist Listing ID:||30594945|
|Property Subtypes:||Mixed Use, Restaurant, Tavern/Bar/Nightclub|
|Building Size (RSF):||7,100 SF|
|Gross Building Area:||4,800 SF|
|Gross Land Area:||0.29 Acres|
|Sale Price:||See Agent|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment, Business|
|Building Name:||North Plant Building|
|Sale Terms:||Cash to Seller|
Overview / Comments
Now available for sale! This is a one of a kind opportunity with the most unique property in the heart of Lubbock's Downtown Art District. Located on the NE corner of 5th and Avenue J across from the Charles Adams Studio, this property is on the Art Trail and mere walking distance from the Lubbock Memorial Civic Center and the new $180M Buddy Holly performing arts center. Lubbock's original power plant is a truly unique commercial space with an abundance of character and history.
This local landmark is currently being redeveloped with "adaptive reuse" to blend historic character with modern elements, highlighting the spirited past of the power and water distribution plant by restoring many of the original finishes to create an attractive aesthetic rich in color and texture.
Original factory elements like a 1930s generator and overhead bridge crane are incorporated in the design creating an interesting, multi-diminsional space with endless aesthetic appeal. Features such as the mezzanines, the basement/tunnels, and overhead doors make this space and location ideal for restaurants, bars, or entertainment.
Pre-leasing opportunity offers a distinct commercial space with flexible floor plans and ample parking in Downtown Lubbock. With two buildings sitting on almost an acre of land, there are multiple ways to subdivide the space. Rates and TI are negotiable depending on concept, TI, and lease terms.
Attachments & Media
|Taxing Authority:||Lubbock CAD|
|Retail Clientele:||General, Business, Recreation|
|Property Located Between:||5th and Ave J|
|Largest Nearby Street:||5th street|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||4,800 SF|
|Legal Description:||ORIG T LUBBOCK BLK 7 PT OF L 4 THRU 7 & CLOSED ROW|
|Proximity:||1 mile||3 miles||5 miles|
Jeremy SteenMcDougal, REALTORS
West Texas CIE Member
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