Canyon Lakes Shopping Center 1526 E 19th St

1526 E 19th St , Lubbock, Texas, 79403 | 4,986 sq.f | $ 325,000

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About This Restaurant

Investment Highlights

Frontage Retail Canyon Lakes

Executive Summary

Don't miss out on the extraordinary chance to own a distinctive shopping center with unparalleled views of the Lubbock Canyon Lake System. This charming 5,100 square foot retail space is ideal for a modest commercial venture. This blank canvas is poised for occupancy by new tenants and an enthusiastic new proprietor. Positioned within the Opportunity Zone, there's potential to secure city grants for finish outs. If you envision establishing a restaurant, drive through business, or store in this prime location, feel free to reach out to me! Owner is currently in the process of installing a new roof, and improving the facade. There is an acre of vacant land available next door that could be bought together or separately.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Restaurant General Retail Storefront Freestanding
  • Building Size    4,986
  • Building Class    C
  • Year Built    1965
  • Price    325,000
  • Price Per SF    65
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.38
  • Land Acres    0.30 AC

Property Taxes

Parcel Number R119952 Improvements Assessment $6,500
Land Assessment $99,267 Total Assessment $105,767
Date Created: 2024-07-16 04:23:41 Last Updated: 2024-07-16 04:23:41
Address: 1526 E 19th St , Lubbock, Texas, 79403