904 S Key Avenue, Lampasas, TX 76550
sale
$475,000
|
Other
Courtesy Of Bear Real Estate Services, Listed By Audrey Bear
Step into a piece of local history with this unique commercial property. The historic building has served the community in multiple ways over the years.Originally operating as the towns grocery store and later becoming the flower shop. The property is actually comprised of two buildings, with an exterior firewall separating the original structures. The south side, formerly the grocery store and now flower shop features a new roof installed in 2023. Documentation available. The north side formerly the flower shop was added to the original building and did not require a new roof. The entire building is currently leased for $1400 per month,with rent scheduled to increase to $ 1700 per month effective Jan 1, 2027. With its established rental history, character and lots of possibilities there is potential for increased rental income and future investment opportunities. plenty of possibilities for investment or owner use. This is a must see!
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Property Features
- Age: Over 50 Years Old
- Building Units: 1
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Concrete
- Floor Covering: Laminate
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: LOT: W59 L3 W59 OF N16 OF LOT 2 BLK: 27 ADDN:
- MLSID: 21087436
- Roof Type: Flat
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