904 S, Lampasas, TX, TX 76550

$475,000

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List Price
$475,000
MLS#
21087436
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1960
Construction Status
Preowned
Acres
0.19
County
Lampasas
City
Lampasas
Subdivision
L S C 1st

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!

Additional Information

Unexempt Taxes
$115
Tenant Pays
AllUtilities, Electricity
Lot Size
8,145
Acres
0.19
Flooring
Laminate
Foundation
Other
Roof
Flat, Other
Building Stories
1
Parking Garage
Additional Parking
Possession
CloseOfEscrow
Proposed Use
Retail
Inclusions
Building Only, Business

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Calculator source: Real Geeks

Listing courtesy of Audrey Bear from Bear Real Estate Services. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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