402 50th St
Lubbock, TX 79404
Spécialité Propriété À vendre · 4 800 pi²

This ±4,800 SF commercial property presents a versatile investment opportunity in one of Lubbock’s established heavy commercial zones (HC). The building contains 16 individual units, with three currently leased and generating income, along with additional revenue from a leased on-site billboard. The seller is including four adjacent vacant lots to the north, offering significant expansion or redevelopment potential. Recent exterior upgrades include fresh paint, a new fence, and gate, improving both appearance and functionality. Gas lines are available on the property, providing expanded utility options for future tenants or development. Seller financing is available with 25% down, creating an attractive entry point for investors. Estimated costs: approximately $95/month for taxes, $100/month for insurance, and $21/month for electric.