307 Frankford Ave

Office for Sale
Catylist Listing ID: 30729078
Property Subtypes: Office Building
Building Size (RSF): 3,300 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $120.91 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/5/2021

Overview / Comments

Coldwell Banker Commercial, Capital Advisors is pleased to offer for sale a 3,300 square foot office building in northwest Lubbock. The building has a spacious reception area, 3 offices, conference room, atrium, 2 ADA restrooms, and a large training/conference/event room. The large room and multiple offices makes the property suited very well for a church, auditorium, art studio, dance studio, corporate training office, or an event center. The larger room can be converted into multiple uses giving ample opportunities for a new owner-user or investor. The property has been well maintained and in good condition. The subject property is located just north of the highly trafficked 4th and Frankford Ave intersection and northwest Loop 289 providing quick access to all parts of Lubbock metropolitan area.

Lubbock, TX is known as the "Hub City" due to its regionally economic draw throughout the Texas Panhandle and eastern New Mexico. Lubbock is home to Texas Tech University, Texas Tech Health Sciences Center, Lubbock Christian University, South Plains College, Covenant Health System, and University Medical Center. The metropolitan area has a population of 350,000+ residents.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Tax ID/APN: R154823

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,243 65,108 159,965
Median Age: 26.86 29.73 31.09
Households: 5,571 25,736 63,068

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