204 E GASSAWAY, LOTT, TX 76656
Homes for sale in Lott.
Homes for sale in 76656.
List Price$50,000
204 E Gassaway
Lott, TX 76656
Listing #573111
2,940
Square Feet
Commercial
Type
About This Property
Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 30 minutes from Temple and 45 minutes from Waco, this property offers access to major markets while retaining the charm of small-town life. This property is one of Lott's landmarks, known as the "The Western Fair," a renowned Western wear store that once drew visitors from across the state. Although it has since closed, its legacy contributes to the town's unique character and community pride. This commercial property comes with the significant advantage of having no restrictions, providing buyers with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, hospitality, or a mixed-use development, the possibilities are vast.Investing in this property means becoming part of a community with deep roots and a welcoming atmosphere. Seize this rare opportunity to own a piece of Lott's heritage and contribute to its vibrant future. With its strategic location, unrestricted potential, and rich history, this commercial property is a must-have for discerning investors. Neighboring properties for sale as well and can all be purchased as package together.
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/320, property located just past 2nd Street on the left. 4th Building on the left.
Subdivision
Townsite Of Lott
Interior Features
Heating
None
Disabled Features
None
Cooling
None
Exterior Features
Stories
1
Zoning
N/A
Construction/Exterior
Brick, Wood Siding
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Parking Description
None, Parking Space(s)
View
None
Lot Size in Acres
0.096
Is One Story
Yes
School
School District
Rosebud-Lott ISD
Additional Information
Other Utilities
Electricity Available
Status
Active
Property Type
COM
Amenities
None
Property SubType
Commercial
Square Feet Source
Appraiser
Property SubType 2
Commercial Sale
Similar Listings
Mortgage Calculator
$232
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$180
Monthly Tax
$41
Monthly Insurance
$11
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
Listings Courtesy of Compass Re Texas, Llc (214) 814-8100
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Central Texas MLS data last updated at May 26, 2026, 8:02 PM CT
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