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108 E Lipan Dr 2,880 SF Retail Building Lipan, TX 76462 For Sale
Investment Highlights
- Historic downtown Lipan commercial building
- Four private offices
- Flexible layout for multiple business types
- Originally constructed in 1940, renovated in 2025
- Welcoming reception and lobby area
- Suitable for office, retail, boutique, service, or specialty commercial uses
Executive Summary
Recently remodeled in 2025, the building successfully combines historic charm with modern functionality. The updated interior offers a welcoming front lobby, a central hallway, four private offices, a shared restroom, and ample storage space. The flexible layout supports a variety of business models, including professional offices, retail operations, boutique service providers, creative workspaces, and other commercial ventures.
Located in downtown Lipan, the property benefits from convenient access, community visibility, and a walkable setting. Its blend of architectural character, recent renovations, and adaptable floor plan creates an attractive opportunity for owner-users, entrepreneurs, and investors seeking a distinctive commercial asset.
Located in downtown Lipan, the property benefits from convenient access, community visibility, and a walkable setting. Its blend of architectural character, recent renovations, and adaptable floor plan creates an attractive opportunity for owner-users, entrepreneurs, and investors seeking a distinctive commercial asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,880 SF
Year Built/Renovated
1940/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.13 AC
Parking
12 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
59’ on E Lipan
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R000094625 | Improvements Assessment | $19,622 CAD |
| Land Assessment | $6,644 CAD | Total Assessment | $26,265 CAD |
Property Taxes
Parcel Number
R000094625
Land Assessment
$6,644 CAD
Improvements Assessment
$19,622 CAD
Total Assessment
$26,265 CAD
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108 E Lipan Dr
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