19th Street Retail Property for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30322352
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Vehicle Related, Other
Building Size (RSF): 8,800 SF
Gross Land Area: 23,781 SF
Sale Price: $295,000
Unit Price: $33.52 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2018

Overview / Comments

These recently remodeled free-standing buildings include a main retail building of approximately 4,000 SF and an attached quonset hut of approximately 4,800 SF. The two buildings are connected. The retail building has a new HVAC system, two new ADA restrooms, and a new roof. The quonset hut has a new expanded foam ceiling new lighting and a new HVAC system. The property has adequate parking.

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Taxing Authority: Lubbock CAD
Tax ID/APN: R132643
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: I-27 and Avenue A
Property Visibility: Good
Largest Nearby Street: 19th Street
Feet of Frontage: 130
Highway Access: Interstate Highway 27
Airports: Lubbock International Airport
Site Description: This property is located on 19th Street, one block east of Interstate 27. With the proximity of I-27 and 19th Street, it has good access to all of Lubbock.
Area Description: The area around the property to the east of I-27 is predominantly light industrial. To the west of I-27 is the Depot District which hosts many retail, restaurant, entertainment and art venues. The Buddy Holly Center is a major host of the First Friday Art Trail as well as a major tourist attraction for the city.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1957
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Exterior Description: The retail building is constructed of concrete block with a flat roof which was replaced in 2015. The quonset hut is a metal building with a barrel shell roof.
Parking Type: Surface
Zoning Description: IHC (Interstate Highway Commercial)
Lot Frontage: 123
Lot Depth: 195
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ORIG T LUBBOCK BLOCK 236 L 7-12 & OL 5 OF BLOCK O SEC 1 AB 82

View FullscreenMap


Photograph of Listing Agent

Julie Childs

RE/MAX Lubbock Commercial
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.