112 GASSAWAY, LOTT, TX 76656
Homes for sale in Lott.
Homes for sale in 76656.
List Price$178,500
112 Gassaway
Lott, TX 76656
Listing #613632
2,400
Square Feet
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
Directions
From I-35 in Temple, take Exit 299 and merge onto TX-53 E toward Lott. Continue for approximately 18 miles. Upon entering Lott, turn left onto Gassaway HWY 320, property located just past A B Davis on the left in front of City Hall.
Subdivision
Townsite Of Lott
Interior Features
Interior
Storage
Cooling
Central Air, Electric
Heating
Central, Electric
Floors
Concrete
Exterior Features
Stories
1
Lot Size in Acres
0.09
Construction/Exterior
Brick
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Water / Sewer
Public Sewer
View
None
Parking Description
Parking Space(s)
Is One Story
Yes
School
School District
Rosebud-Lott ISD
Additional Information
Roof/Attic
Metal
Property SubType 2
Commercial Sale
Other Utilities
Electricity Available, Natural Gas Available, Trash Collection Public
Status
Active
Property Type
COM
Amenities
Storage
Property SubType
Commercial
Square Feet Source
Appraiser
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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.
Schools
Walk Score
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