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Spencer Wheelwright

[email protected] +1(512) 944-8553

$475,000

Est. payment - /mo

2,520 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $188

Subdivision L S C 1St

MLS Listing ID 5898972

Year Built 1960

Annual Tax Amount $93

Tax Year 2024

Lot Size 8,141 Sqft

Acres 0.1869

Property Sub-Type Business

Source actris

Property Description

Step into a piece of local history with this unique commercial property. The historic building has served the community in multiple ways over the years.Originally operating as the towns grocery store and later becoming the flower shop. The property is actually comprised of two buildings, with an exterior firewall separating the original structures. The south side, formerly the grocery store and now flower shop features a new roof installed in 2023. Documentation available. The north side formerly the flower shop was added to the original building and did not require a new roof. The entire building is currently leased for $1400 per month,with rent scheduled to increase to $ 1700 per month effective Jan 1, 2027. With its established rental history, character and lots of possibilities there is potential for increased rental income and future investment opportunities. plenty of possibilities for investment or owner use. This is a must see!

Location

State TX

County Lampasas

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, Phone Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Others

Special Listing Condition See Remarks

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Listed by Bear Real Estate Services

NEARBY SCHOOL & BUSINESS

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Spencer Wheelwright

+1(512) 944-8553

Broker Associate License ID: 667574

904 S Key Ave Lampasas, TX 76550

Spencer Wheelwright

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION