108 E LIPAN DRIVE, LIPAN, TX 76462
Homes for sale in Lipan.
Homes for sale in 76462.
List Price$140,000
108 E Lipan Drive
Lipan, TX 76462
Listing #21332317
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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