204 E Gassaway AveLott, TX 76656

Description

Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 25 minutes from downtown 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 (buyer to verify with City of Lott), providing you with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, residential, 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 Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1960

Building area

2,940 Sq Ft

Lot size

0.10 acres

Parking spaces

10

Zoning

No zoning or restriction

Days on market

214

MLS^® Listing#

9328380

Property Features

Cooling

None

Heating

None

Flooring

Concrete

Parking

Off Street

Construction

Brick · Wood Siding

Other structures

Storage

Utilities

Electricity Available · Sewer Available · Water Available

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$1,277Tax year 2025

Assessed value

$54,710

Parcel number

204 E GASSAWAY AVE LOTT, TX 76656

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.