108 E LIPAN DRIVE, LIPAN, TX 76462

Homes for sale in Lipan.

Homes for sale in 76462.


Active

List Price$140,000

108 E Lipan Drive

Lipan, TX 76462

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21332317

2,880

Square Feet

1

Number of Units

Commercial

Type

About This Property

Own a piece of Lipan history with this distinctive commercial property located in the heart of downtown. Originally constructed in 1940, this building has played an important role in the community over the years, serving as the local movie theater, the telephone company, and later the funeral home chapel. Remodeled in 2025, the property seamlessly blends historic character with modern functionality, making it an excellent opportunity for a wide range of commercial uses. The welcoming front lobby provides an inviting reception area for clients and customers. A central hallway leads to four private offices, a shared restroom, generous storage space, and a practical floor plan designed to accommodate professional offices, retail, boutique services, or other business ventures. Whether you're expanding your business, launching a new enterprise, or seeking a unique investment property, this beautifully updated downtown location offers exceptional versatility, timeless character, and outstanding potential.

Property Features

Location Information

County

Hood

Subdivision

Lipan

Interior Features

Has Fireplace

No

Floors

Carpet, Wood

Heating

Central

Tenant Pays

All Utilities

Cooling

Central Air, Ceiling Fan(s)

Total Number of Units

1

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

5,880

Foundation

Slab

Possible Best Use

Other

Roof

Metal

Zoning

None.

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

2,880

Parking Description

Direct Access, Paved, On Street, Unassigned

Road Description

City Street

Lot Size in Acres

0.135

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Exclusions

Personal Property.

Property SubType

Business

Lot Acres Source

Assessor

Year Built

1940

Similar Listings

Mortgage Calculator

$652

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$504

Monthly Tax

$116

Monthly Insurance

$32

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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