Iconic Nightclub For Sale

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30670238
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,181 SF
Gross Land Area: 43,036 SF
Sale Price: $1,300,000
Unit Price: $158.90 PSF
Property Use Type: Business
Building Name: Luxor/Ohm
Sale Terms: Cash to Seller
Last Updated: 12/27/2020

Overview / Comments

Long-time Lubbock nightclub in Overton Park on US 62/82 is now available! Sitting on almost an acre with nearly 350 feet of US 62/82 (Marsha Sharp Freeway) frontage this property is ideal for multiple uses.

Currently operated as a nightclub, this property has everything for someone looking to purchase for entertainment or club/bar. From the iconic lighted dance floor to the large elevated DJ booth, this is one of the most technically advanced and well-known clubs in the region. The property boasts 3 separate bars, 6 bar stations, separate VIP lounge downstairs with separate entrance, lighted staircase, green room/dressing room, raised platforms with poles, tons of storage, three 10-ton HVAC units, and an owned POS system.

With almost an acre of paved land and the building set to the far west, this property is also perfect for other commercial uses of expansion or redevelopment including retail, multi-family, or student housing. Currently zoned Interstate Highway commercial there are countless potential uses.

Call listing agent for more information or for a private tour.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R57267
Zoning: INTERSTATE HIGHWAY COMMERCIAL
Retail Clientele: General, Business, Recreation, Other
Property Located Between: Ave V and Ave W on US 62/82 (MSF)
Property Visibility: Excellent
Largest Nearby Street: US 62/82 (MSF)
Highway Access: US 62/82 and I27
Airports: LBB
Area Description: Near Texas Tech University and also near Downtown Lubbock
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,181 SF
Property Condition: Good
Year Built: 1965
Construction/Siding: Stucco
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Interstate Highway commercial
Lot Frontage: ~330
Lot Depth: ~116
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: OVERTON BLK 64 N/PT OF L 1-7 & STRIP NORTH OF 1-7 & IMP LESS ROW

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,798 84,246 175,009
Median Age: 24.41 29.18 31.01
Households: 4,682 30,163 66,898

Contact

Photograph of Listing Agent

Jeremy Steen

McDougal, REALTORS
West Texas CIE Member
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