$47,500
( $16.16Per Sq Foot )
 $255 est/mo Sourced by Back At You

204 E Gassaway Ave,Lott, TX 76656

Lott, TX 76656

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Description

Discover this opportunity in the heart of Lott, Texas! A town rich in history and poised for growth. Strategically located just 25 minutes from downtown Temple and 45 minutes from Waco, this property offers access to major markets while retaining the charm of small-town life. This property is one of Lott's landmarks, known as the- The Western Fair, a renowned Western wear store that once drew visitors from across the state. Although it has since closed, its legacy contributes to the town's unique character and community pride. This commercial property comes with the significant advantage of having no restrictions (buyer to verify with City of Lott), providing you with the freedom to develop or repurpose the space to suit a variety of business ventures. Whether you're considering retail, residential, hospitality, or a mixed-use development, the possibilities are vast. Investing in this property means becoming part of a community with deep roots and a welcoming atmosphere. Seize this rare opportunity to own a piece of Lott's heritage and contribute to its vibrant future. With its strategic location, unrestricted potential, and rich history, this commercial property is a must-have for discerning investors. Neighboring properties for sale as well and can all be purchased as package together.

Details

MLS #9328380
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1960
Days On Site175
Listing Provided ByCompass RE Texas, LLC | James Mauldin

Features

SQ Feet2,940
Building(s)1
ZoningNo zoning or restriction
Acreage0.10

Interior

CoolingNone
HeatingNone
FlooringConcrete

Exterior

Construction MaterialsBrick, Wood Siding

Parking

Parking FeaturesOff Street

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property1277

Area Information

StateTX
CountyFalls
CityLott
Zip Code76656
AreaOut of Area
Community NameTownsite Of Lott
Listing VS Median (in Townsite Of Lott)
Price:
$47,500
low | high
Med:
$55,000
34.210526315789% of Average
sqft:
2,940
low | high
Med:
1,920
84.69387755102% of Average
$ / sqft:
$16
low | high
Med:
$29
27.302631578947% of Average
On site:
175
low | high
Med:
176
99.431818181818% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 28, 2026 at 1:11:44 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyFalls
CityLott
Zip Code76656
AreaOut of Area
Community NameTownsite Of Lott
Listing VS Median (in Townsite Of Lott)
Price:
$47,500
low | high
Med:
$55,000
34.210526315789% of Average
sqft:
2,940
low | high
Med:
1,920
84.69387755102% of Average
$ / sqft:
$16
low | high
Med:
$29
27.302631578947% of Average
On site:
175
low | high
Med:
176
99.431818181818% of Average
Sourced by Back At You
Listing Updated: August 3, 2026 at 6:22:59 PM PDT
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