Newly Remodeled Prime Industrial Property on 19th Street

Industrial for Sale
Catylist Listing ID: 30710578
Property Subtypes: Mixed Use
Building Size (RSF): 8,800 SF
Gross Building Area: See Agent
Gross Land Area: 23,781 SF
Sale Price: $274,500
Unit Price: $31.19 PSF
Office SF: 8,800 SF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

Completely remodeled multi-use industrial property for sale on busy 19th Street. Office/shop space with newly extended double doors large enough for a vehicle to pull in, and breezeway between building and quonset hut has been remodeled making both buildings connected! Located just one block east of I-27, on the north side of 19th Street on a large lot. Seller is motivated, so all offers welcome!

New Duro-Lasting Roofing Membrane Installed (15 Year Warranty)
EPA Phase 1 and 2 Study Completed and Passed
New HVAC Systems: 15-ton to Quonset Hut, 7.5-ton to Block Building
New Gas Lines Installed to Block roof to Support HVACs
All New Water Lines, Plumbing and Sewer Tap
ADA Compliant Restrooms - Separate Men's and Women's
New Skylights and 2" of Spray Foam Installed in Quonset Hut
16 Camera DVR System Included
New Paint Inside and Out, Refurbished Counters and Massive Storage Shelves
All City Inspections Completed
Currently Leased

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R132643
Property Located Between: Located just east of I-27 on 19th Street
Highway Access: In close proximity to I-27
Site Description: Located just east of I-27 on 19th Street.
Typical SF / Floor: 8,800 SF
Property Condition: Good
Year Built: 1957
Year Renovated: 2015
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,475 78,608 158,234
Median Age: 31.3 29 32.02
Households: 2,611 27,146 58,996


Photograph of Listing Agent

Sue Stephens, ALC

WestMark Commercial | TCN Worldwide West Texas CIE Member
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