112 GASSAWAY, LOTT, TX 76656

Homes for sale in Lott.

Homes for sale in 76656.


Active

List Price$178,500

112 Gassaway

Lott, TX 76656

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

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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