Address
3806 50th Street, Lubbock, TX
Price
$ 1,900,000
Property Attributes
  • MLS#20402433
  • TypeCommercial
  • CountyLUBBOCK
  • CityLubbock
  • NeighborhoodMurryhill
  • Zip79413
  • StyleRetail
  • Year Built1964
  • Taxes$ 1215
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.9952 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

This 15-unit shopping center is located in central Lubbock, Texas. The property features two buildings, each with two stories, and 15,000 rentable square feet. The shopping center has central HVAC, a stucco exterior, and a flat build-up roof. The property has open surface parking for all tenants. The shopping center is located in a prime location in central Lubbock. It is close to shopping, dining, and entertainment. This shopping center is a great investment opportunity. It is well-maintained and has a great location. The property is also close to a major university, which provides a steady stream of potential consumers & tenants. If you are looking for a great investment opportunity in central Lubbock, then this shopping center is for you. Contact us today to schedule a showing.

Price History
8/8/2023 Listed $1,900,000

General Features

Heating Central,Electric
Cooling Central Air
Utilities Asphalt,City Sewer,City Water,Electricity Connected
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Concrete,Flat
Year Built 1964
Tenant Pays All Utilities,Common Area Maintenance
Business Type Commercial,Mixed,Professional Service,Restaurant,Retail
Unexempt Taxes 1215
Building Use Office,Retail
Will Subdivide No
Gross Annual Expenses 49900.00
Property SubType Retail
Subdivision Name Murryhill
Zoning Description C-2A - Restricted Local Retail District
Occupant Type Tenant
County Lubbock
Property Type Commercial Sale
Construction Materials Stucco
Year Built Details Preowned
Status Active
Directions From Interstate 27 head West on 50th Street. Property is located on the North side of 50th just past Memphis Ave.
City Lubbock
Buyer Agent Compensation 3%
Street Name 50th
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20402433
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile,Vinyl
Total Stories 2
Total Units 15
SQFT Gross 36120
Lock Box Type Call Seller Direct
Street Suffix Street

Exterior Features

Lot Size Source Appraiser
Parking Features Asphalt,Parking Lot
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Area 43350.0000
Lot Size Units Square Feet
Building Area Total 36120.00
Lot Size Square Feet 43350.0000
Lot Size Acres 0.9952

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 79413

Price
AVG $1.9M
$1.9M
Taxes
AVG $1,215
$1,215
Visits
AVG 69
68
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1964
Walkscore
AVG 76
76
Data Provided by Walkscore® not using MLS data

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