For Sale
$400,000

4302 Avenue Q Lubbock, TX 79412

High-volume, profitable liquor store.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a thriving liquor store located at 4302 Avenue Q, Lubbock, TX 79412. The property boasts 950 square feet of retail space situated on a 7,935 square foot lot, zoned HC (Heavy Commercial). Built in 1972, this single-story building is currently 100% occupied and generates substantial revenue. The asking price is $400,000, with annual gross sales exceeding $680,000 and an additional $40,000 in annual gross lottery sales. The property enjoys a strong net operating income (NOI) of $130,000 annually and annual property taxes of $1,050. This turnkey operation offers significant potential for continued growth and profitability. Inventory and equipment are available for separate purchase. Note that three additional businesses are available for purchase, but not included in this real estate offering. The property's APN is R49546. This is a rare chance to acquire a well-established, high-performing business in a prime Lubbock location.

Highlights

  • $400,000 asking price for a 950 sq ft storefront.
  • 100% occupancy rate in a single-unit building.
  • Located on a 7,935 sq ft lot at 4302 Avenue Q, Lubbock, TX 79412 (APN: R49546).
  • Built in 1972, the property is zoned HC (Heavy Commercial).
  • Annual Net Operating Income (NOI) of $130,000.

Property Details for 4302 Avenue Q

Property type
Retail properties, Retail space
Square Feet
950 SF
Year Built
1972
Buildings
1
Stories
1
Units
1

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.554878522372
Longitude
-101.85533284075

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FAQs

What type of property is this?
Retail property - High-volume, profitable liquor store.
Where is the retail property located?
The property is located at 4302 Avenue Q Lubbock, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for a 950 sq ft storefront.; 100% occupancy rate in a single-unit building.; Located on a 7,935 sq ft lot at 4302 Avenue Q, Lubbock, TX 79412 (APN: R49546).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Blake Truett
Blake Truett
Visit Broker Website

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Useful Information

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Avenue Q
Lubbock, TX 79412

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Lubbock, TX 79412

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4302 Avenue Q
  • Blake Truett
    Blake Truett
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