112 GassawayLott, TX 76656

Description

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 Information

Property type

Commercial Sale

Living area

2,400 Sq Ft

Lot size

0.09 acres

Days on market

146

MLS^® Listing#

613632

Property Features

Interior

Storage

Cooling

Central Air · Electric

Heating

Central · Electric

Flooring

Concrete

Lot features

City Lot

Construction

Brick

Foundation

Slab

Roof

Metal

Utilities

Electricity Available · Natural Gas Available

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$910Tax year 2025

Parcel number

35358

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.