Fully Occupied Investment Property For Sale

1702 Buddy Holly Ave Lubbock, TX 79401

1702 Buddy Holly Ave, Lubbock, TX, 79401
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FOR SALE
Property Type:
Street Retail
Amount:
$950,000
Last Verified:
Jun 21, 2024

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Highlights

  • Investment Opportunity
  • 100% Occupied
  • Newer TPO Roof & Two HVAC units recently replaced
  • Located less than two miles from Texas Tech University with an enrollment of over 40k students

Description

This 100% occupied multi-tenant retail property is being exclusively offered for sale by WestMark Commercial | TCN Worldwide. Well located in the heart of Lubbock's thriving Depot Entertainment District, tenants include a restaurant that has been a downtown gem for 15+ years, an antique store and an interior design/construction management firm. Other area businesses include Triple J Chophouse & Brew Co, McPhearson Cellars, historic Cactus Theater, and the Buddy Holly Center among others.

Located at the southwest corner of Buddy Holly Ave & 17th Street in downtown Lubbock


Year Built: 1940
Building Size: 10000sq ft
Lot Size: 0.22 acres


Documents

Offering Memorandum

Map of 1702 Buddy Holly Ave, Lubbock, TX, 79401

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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