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Investment Highlights

  • Combination of office and warehouse space providing diversified utility for multiple business types.
  • Warehouse with pull-through capability, two 8-foot overhead doors, and fenced yard space.
  • Infrastructure supports heavy usage with three-phase power and compressed air lines in the shop.
  • Updated office areas feature reception, conference room, breakroom, and two restrooms.
  • Recent improvements include roof replacement, HVAC upgrades, LED lighting, and gutter system.

Executive Summary

This centrally located property presents a versatile opportunity for businesses requiring a blend of office and warehouse space in Amarillo. Situated between Georgia and Washington Streets with easy access to I-40, the property offers both convenience and functionality for a range of users, including contractors, wholesalers, and light industrial operations. The layout includes a front office section featuring private offices, a conference room, reception area, kitchen/break area, and two restrooms, delivering a professional environment for administrative functions.
Recent upgrades enhance the asset’s appeal, including a new roof, updated HVAC systems, LED lighting, improved gutters, and other efficiency-focused improvements. The rear warehouse accommodates operational needs with two 8-foot overhead doors, pull-through access, three-phase power, compressed air lines, and a fenced side yard for secured outdoor storage. These features enable ease of logistic operations while maintaining flexibility for multiple business uses, from service companies to small-scale distribution.

Property Facts

Price $377,432 CAD
Price Per SF $96.38 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Service
Building Class B
Lot Size 0.16 AC
Rentable Building Area 3,916 SF
No. Stories 1
Year Built 1941
Tenancy Single
No. Drive In / Grade-Level Doors 2
Zoning GR - General Retail

Amenities

  • Fenced Lot
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R-005-9200-0100-0
Land Assessment
$14,411 CAD
Improvements Assessment
$173,962 CAD
Total Assessment
$188,373 CAD
  • Listing ID: 40527067

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 1502 S Lipscomb St, Amarillo, TX 79102

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