112 GASSAWAY AVENUE, LOTT, TX 76656

Homes for sale in Lott.

Homes for sale in 76656.


Active

List Price$178,500

112 Gassaway Avenue

Lott, TX 76656

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

Listing #21268322

2,400

Square Feet

1

Number of Units

Commercial

Type

About This Property

Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility. Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, café, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.

Property Features

Location Information

County

Falls

Subdivision

Townsite Of Lott

Interior Features

Has Fireplace

No

Tenant Pays

Other

Heating

Central, Electric

Total Number of Units

1

Cooling

Central Air, Ceiling Fan(s), Electric

Accessibility

Accessible Full Bath

Floors

Concrete

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

3,920

Foundation

Slab

Possible Best Use

Other, Restaurant

Roof

Metal

Zoning

Buyer to verify with city of Lott

Utilities

Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

2,400

Parking Description

Alley Access, On Street

Road Description

Highway

Lot Size in Acres

0.09

Is One Story

No

Additional Information

Year Built Details

Preowned

Tax Annual Amount

910.0

Property Type

COM

Documents Available

Aerial

Property SubType

Business

Lot Acres Source

Public Records

Status

Active

Similar Listings

Mortgage Calculator

$832

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$643

Monthly Tax

$148

Monthly Insurance

$41

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

Real Estate IDX Powered by iHomefinder