604 Western AveLampasas, TX 76550

  • Commercial real estate
  • 1,794 SF
For Sale
$199,000 View listing

Property Details for 604 Western Ave

Lot size
0.09 AC
Property size (Sq ft)
1,794 SF
Property type
Commercial real estate
APN
67
APU
67

Description

This unique 1,612 square foot retail space, located at 604 S Western Ave in Lampasas, TX, presents a remarkable opportunity for a discerning investor or entrepreneur. Situated on a 0.09-acre lot, this property boasts a rich history, estimated to have been built between the late 1800s and early 1900s, with its last significant updates completed in the 1980s. The building's previous uses include a speakeasy and event space, showcasing its adaptability and potential for diverse applications. Currently, it stands as a blank canvas, ready for revitalization and transformation. Its retail zoning allows for a wide range of commercial ventures, making it an ideal location for a boutique shop, cafГ©, art gallery, or similar business. The property is not registered with the historical commission, offering flexibility in renovation and development plans. Lampasas offers a thriving community actively engaged in restoring historic buildings, creating a supportive environment for this exciting project. This property represents a rare chance to own a piece of Lampasas' history and contribute to its continued growth and revitalization. The asking price is $199,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $587,478
    Hospitality
    $538,126
    Educational
    $447,715
    Medical
    $463,112
    Retail
    $696,445

Location Insight

City
Lampasas
County
Lampasas
State
Texas
Latitude
31.0635
Longitude
-98.1787
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,414
$9,660
$123,560
$133,220
-
$9,660
$123,560
$133,220

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