904 S Key Ave, Lampasas, TX 76550

$475,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$475,000
MLS#
625932
Status
ACTIVE
County
Lampasas
City
Lampasas
Acres
0.19
Property Subtype
Retail

Property Description

Step into a piece of local history with this unique commercial property. The historic building has served the community in multiple ways over the years.Originally operating as the towns grocery store and later becoming the flower shop. The property is actually comprised of two buildings, with an exterior firewall separating the original structures. The south side, formerly the grocery store and now flower shop features a new roof installed in 2023. Documentation available. The north side formerly the flower shop was added to the original building and did not require a new roof. The entire building is currently leased for $1400 per month,with rent scheduled to increase to $ 1700 per month effective Jan 1, 2027. With its established rental history, character and lots of possibilities there is potential for increased rental income and future investment opportunities. plenty of possibilities for investment or owner use. This is a must see!

Additional Information

Days on Market
2
Year Built
1960
Stories
1
Interior Features
See Remarks
Cooling
Central Air, Electric
Heating
Central, Electric

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bear Real Estate Services.