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5217 50th St
Lubbock, TX 79414
Retail-Commercial · Retail Property For Sale


Investment Highlights
- Strong location: high traffic area w/excellent visibility and accessibility
- Neighborhood Commercial zoning allows for a wide range of retail or office uses
Executive Summary
High-Visibility Corner | Versatile Use Potential
Located just off the bustling intersection of Slide Rd & 50th, this 7,240 SF two-tenant retail building presents an exceptional opportunity for investors, owner-users, or business operators seeking a prime commercial location.
Occupancy:
Tenant 1: Established flower shop with lease in place through December 2025
Tenant 2: Former multi-service hair salon space currently vacant – move-in ready for retail, office, or owner-use
Income Potential: Occupy one suite while benefiting from rental income from the existing tenant
Whether you're looking to invest in a income producing property or to establish your own business with additional lease revenue, this versatile asset offers both immediate and long-term upside in one of the area's most active commercial corridors.
Located just off the bustling intersection of Slide Rd & 50th, this 7,240 SF two-tenant retail building presents an exceptional opportunity for investors, owner-users, or business operators seeking a prime commercial location.
Occupancy:
Tenant 1: Established flower shop with lease in place through December 2025
Tenant 2: Former multi-service hair salon space currently vacant – move-in ready for retail, office, or owner-use
Income Potential: Occupy one suite while benefiting from rental income from the existing tenant
Whether you're looking to invest in a income producing property or to establish your own business with additional lease revenue, this versatile asset offers both immediate and long-term upside in one of the area's most active commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,240 SF
Building Class
C
Year Built/Renovated
1973/2010
Price
$949,242 CAD
Price Per SF
$131.11 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.09 AC
Zoning
NC - Neighborhood Commercial
Parking
20 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
99’ on 50th St
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | R25618 | Improvements Assessment | $478,695 CAD |
| Land Assessment | $166,355 CAD | Total Assessment | $645,050 CAD |
Property Taxes
Parcel Number
R25618
Land Assessment
$166,355 CAD
Improvements Assessment
$478,695 CAD
Total Assessment
$645,050 CAD
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