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112 Gassaway Avenue

Lott, TX 76656
  • $178,500
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 21268322
UPDATED: 13 min ago
$178,500
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Offered by Felicia Galvez-Mauldin of Compass RE Texas, LLC.: .

Description

Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility.Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, café, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-18T09:44:49.053.
www.thewacohomefinder.com/homes/176471944
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112 Gassaway Avenue Lott, TX 76656

  • Price: $178,500
  • Status: Active
  • On Site: 35 Days
  • Updated: 13 min ago
  • MLS #: 21268322
0
Beds
0
Baths
0
½ Baths
0.09
Acres
Neighborhood:
Townsite Of Lott
County:
Falls
Area:
Lott
Property Description
Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility.Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, café, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.
Exterior Features

Construction Brick Construction Materials Walls PlasterTextureUnfinished Dock Permitted No Foundation Slab Freight Doors No Dock Lot Size Source Public Records Parking Or Garage Alley AccessOn Street Road Frontage Type Highway Roof Metal Waterfront YN No

Interior Features

Accessibility Features Accessible Bath - Half+Hall Ceiling Height 15 to 20 Feet Cooling Ceiling Fan(s)Central AirElectric Flooring Concrete Handicap YN Yes Heating CentralElectric Sq Ft Gross 2400

Property Features

Building Area Source Public Records Building Area Total 2400.00 Building Use RestaurantOther Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 Lake Pump No Listing Terms CashConventional Multi Zoning Yes Municipal Utility District No Net Operation Income 0 Owner Pays None Possession Closing/Funding Property Type Business Special Notes Aerial Photo Tenant Pays Other Transaction Includes Building OnlyFurniture Unexempt Taxes 910 Utilities City SewerCity WaterElectricity AvailableNatural Gas Available Will Subdivide No Zoning Buyer to verify with city of Lott

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-18T09:44:49.053.
 
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A.G. Real Estate & Associates
15190 Badger Ranch Unit 103
Waco TX, 76712
Offered by Felicia Galvez-Mauldin of Compass RE Texas, LLC.: .