$169,500
( )
 $910 est/mo Sourced by Back At You

112 Gassaway Avenue,Lott, TX 76656

Lott, TX 76656

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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.

Details

MLS #21268322
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year9999
Days On Site137
Listing Provided ByCompass RE Texas, LLC. | Felicia Galvez-Mauldin

Features

SQ Feet2,400
Story(s)1
ZoningBuyer to verify with city of Lot
Acreage0.09

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric

Exterior

RoofMetal
Construction MaterialsBrick
Foundation DetailsSlab

Parking

Parking FeaturesAlley Access, On Street

Utilities

UtilitiesCity Sewer, City Water, Electricity Available, Natural Gas Available

Taxes

Unexempt Taxes910
Tax Lot14
Tax Block81
Tax Legal DescriptionS2060 TOWNSITE OF LOTT BLK 81 LOT 14 .089 ACRES

Area Information

StateTX
CountyFalls
CityLott
Zip Code76656
AreaFalls
Community NameTownsite Of Lott
Listing VS Median (in Townsite Of Lott)
Price:
$169,500
low | high
Med:
$169,500
50% of Average
sqft:
2,400
low | high
Med:
2,400
50% of Average
$ / sqft:
$71
low | high
Med:
$71
50% of Average
On site:
137
low | high
Med:
137
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyFalls
CityLott
Zip Code76656
AreaFalls
Community NameTownsite Of Lott
Listing VS Median (in Townsite Of Lott)
Price:
$169,500
low | high
Med:
$169,500
50% of Average
sqft:
2,400
low | high
Med:
2,400
50% of Average
$ / sqft:
$71
low | high
Med:
$71
50% of Average
On site:
137
low | high
Med:
137
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $127K - $211K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
116 Gassaway Property Photo 1
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116 Gassaway
Lott, TX 76656
0 Gassaway Ave Property Photo 1
$55,000
0 Gassaway Ave
Lott, TX 76656
204 E Gassaway Ave Property Photo 1
$47,500
204 E Gassaway Ave
Lott, TX 76656
Listing Updated: August 3, 2026 at 6:20:08 PM PDT