112 GASSAWAY AVENUE, LOTT, TX 76656
Homes for sale in Lott.
Homes for sale in 76656.
List Price$178,500
112 Gassaway Avenue
Lott, TX 76656
Listing #21268322
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
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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.
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