904 S Key Ave, Lampasas, TX 76550

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List Price
$475,000
Status
ACTIVE
MLS#
625932
Days on Market
34

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

Year Built
1960
Interior Features
See Remarks
View
None
Sewer
Public Sewer
Stories
1
Street Name
S Key Ave
Street Number
904
Water
Public
Acres
0.19
County
Lampasas
Foundation
Pillar/Post/Pier
Heating
Central, Electric

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Calculator source: Real Geeks

Listing courtesy of Audrey Bear from Bear Real Estate Services

Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.