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902 7th St

14,704 SF 100% Leased Industrial Building Lubbock, TX 79401 $499,000 ($34/SF)

Warehouses Texas Lubbock 902 7th St, Lubbock, TX 79401

Investment Highlights

  • Single or Multi-Tenant Use

Executive Summary

Nestled in Lubbock's vibrant downtown area, 902 7th St is an exceptional real estate opportunity. With its prime location just a short walk from the renowned Buddy Holly Hall of Performing Arts and Sciences and easy access to major highways like I-27 and Marsha Sharp Freeway, this property offers unparalleled flexibility. It's suitable for both single and multiple tenant uses, making it an attractive investment option.
The building boasts a versatile design, adaptable for various purposes from commercial office space to retail or creative spaces. Its unique architectural blend of historic character and modern potential sets it apart. The spacious interior can be tailored to specific business requirements. As downtown Lubbock experiences a resurgence, this property presents a lucrative investment opportunity. Surrounded by a vibrant community with ample dining, entertainment, and shopping options, it's an enticing prospect for business owners and investors looking to be part of downtown Lubbock.
Please contact the listing agent for more information or to schedule a tour.

Attachments

902 7th

Property Facts

Price $499,000 Rentable Building Area 14,704 SF
Price Per SF $34 No. Stories 1
Sale Type Investment Year Built 1964
Property Type Industrial Parking Ratio 0.27/1,000 SF
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • Industrial Service
  • FlexLight Distribution
 No. Drive In / Grade-Level Doors 2
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.44 AC
Price $499,000
Price Per SF $34
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.44 AC
Rentable Building Area 14,704 SF
No. Stories 1
Year Built 1964
Parking Ratio 0.27/1,000 SF
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Bus Line
  • Air Conditioning
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PROPERTY TAXES

Parcel Number R94420 Improvements Assessment $315,097
Land Assessment $19,240 Total Assessment $334,337

PROPERTY TAXES

Parcel Number
R94420
Land Assessment
$19,240
Improvements Assessment
$315,097
Total Assessment
$334,337

zoning

Zoning Code MU-3
MU-3
(806) 771-7710

Contact

  • Listing ID: 30499299

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 902 7th St, Lubbock, TX 79401

More public record information on 902 7th St, Lubbock, TX 79401

The Industrial Property at 902 7th St, Lubbock, TX 79401 is currently available for sale. Contact KW Commercial for more information.

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902 7th St
(806) 771-7710 x

902 7th St

Jeremy Steen

(806) 771-7710

(806) 771-7710

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