208 E Gassaway Avenue, Lott, TX 76656
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 25 minutes from downtown 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 (buyer to verify with City of Lott), you have the freedom to transform it into a retail space, event venue, restaurant, office, residential 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
Sub-Type
Retail
Year Built
1960
Stories
1
Living Area
4,800 sq ft
Lot Size
0.19 acres
Days on Market
346
MLS® Listing#
229172
Property Features
Cooling
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- Rosebud-Lott ISD
Financial Details
Annual Taxes
$2,052
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
- 149
- 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, 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. - 2148148100
Presented by: Felicia Galvez-Mauldin
Last Updated: 2025-03-25