208 E Gassaway, Lott, TX 76656
Townsite Of Lott · Falls County
Key Facts
Description
Expansive Commercial Building in Lott, TX – Endless Potential! Spacious 4,800 apx. sq ft. commercial building offering a rare opportunity for investors and entrepreneurs. Just 30 minutes from Temple and 45 minutes from Waco, it offers visibility and accessibility for a future business. The large storefront, deep interior, and flexible layout make it ideal for businesses needing ample space to grow. Once home to Lott’s beloved Antique Mall, this building has a rich history. With no restrictions, you have the freedom to transform it into a retail space, event venue, restaurant, office, or anything you envision. Positioned in a town with character and charm, this property has potential to revitalize and serve the community. Don't miss this chance to own a significant piece of Lott’s history and shape its future. Neighboring properties for sale as well and can all be purchased as package together.
Property Information
Property Type
Commercial Sale
Living Area
4,800 sq ft
Lot Size
0.19 acres
Days on Market
356
MLS® Listing#
573114
Property Features
Cooling
Heating
Construction
Foundation
Community
Utilities
Water Source
Financial Details
Annual Taxes
$2,053
Tax year 2024
Parcel Number
29327
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. 5th Building on the left.
Affordability Calculator
$23,000
Estimated monthly payment
$612/mo
Principal $92,000 · Est. interest $128,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lott, TX
- $400,000
- Median Listing Price
- 148
- Median Days on Market
- 1,809
- Median Sq Ft
- $199
- Median Price / Sq Ft
- 10
- Active Listings
- This home’s price is 71% below the area median.
- Its price per sq ft is 88% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lott, TX.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 115 PR 711, Lott, TX | $100,000 | — | — | — |
| 208 E Gassaway Avenue, Lott, TX | $115,000 | — | — | 4,800 |
| 208 E Gassaway Ave, Lott, TX | $115,000 | — | — | 4,800 |
| TBD FM 2027, Lott, TX | $119,500 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Compass Re Texas, Llc - (254) 702-2957