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$ 475,000
Est. payment /mo
Active
904 Key Ave Lampasas, TX 76550
UPDATED:
Key Details
Property Type Townhouse, Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID HLM179487
Year Built 1960
Property Sub-Type Commercial
Source highland
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
Flooring Vinyl
Exterior
Garage Spaces 10.0
Total Parking Spaces 10
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Listed by Bear Real Estate Services
NEARBY SCHOOLS & PROPERTIES