Lubbock, TX 70401
Lubbock County View Map
This multi-purpose commercial building is located within a unique area of the City of Lubbock, in the Central Business District corridor. The building, built in 2014, can accommodate up to ±160 people for special events but can be adapted for office, retail and other special purpose uses such as a community center, daycare or senior center. The interior of the building is fully sprinklered and features a kitchen set up for catering, an administrative office, storage area, 2 ADA-compliant restrooms, and 2 drinking fountains. The exterior has a gated courtyard, canopy covered granite serving bar, concrete patio and lawn, decorative iron work, a brick patio bench and tiled fountain.
One-half mile from the Depot Entertainment District where Lubbock’s nightlife culture is heading, including Cactus Theater, La Diosa Cellars, Triple J Chophouse and the McPherson Cellars/event center. Buddy Holly Center and West Texas Walk of Fame draw 40,000 visitors a year which is in the heart of the District. Texas Tech University with a population of 36,000 students is approximately 1 mile away.
Additional highlights/features of the property are as follows:
- ±2,940 SF building
- ±24,960 SF lot
- 34 paved onsite parking spaces
- Signage available
- Zoning is CB-2
Lubbock is a city in and the county seat of Lubbock County, Texas. The city is located in the northwestern part of the state, a region known historically and geographically as the Llano Estacado and ecologically is part of the southern end of the High Plains. According to a 2015 Census estimate, Lubbock had a population of 249,042, making it the 83rd most populous city in the U.S. and the 11th most populous city in the state of Texas. The city is the economic center of the Lubbock metropolitan area, which had an estimated 2015 population of 311,154.
Lubbock's nickname, "Hub City," derives from it being the economic, education, and health care hub of the multicounty region, north of the Permian Basin and south of the Texas Panhandle, commonly called the South Plains. The area is the largest contiguous cotton-growing region in the world and is heavily dependent on water drawn from the Ogallala Aquifer for irrigation. Lubbock was selected as the 12th best place to start a small business by CNNMoney.com. CNN mentioned the city's traditional business atmosphere: low rent for commercial space, central location, and cooperative city government. Lubbock is home to Texas Tech University, the sixth-largest college by enrollment in the state.
Downloadable DocumentsAuction Information
- Bid Deposit Form Last Updated 22 May 11:55 pm CDT
- Broker Participation Last Updated 15 Nov 2:23 pm CST
- How to Bid Last Updated 15 Nov 1:10 pm CST
- Terms and Conditions of Sale (READ BEFORE BIDDING) Last Updated 15 Nov 1:18 pm CST
- Aerial View Looking East Last Updated 18 Nov 4:02 pm CST
- Aerial View Looking North Last Updated 18 Nov 4:01 pm CST
- Aerial View Looking South Last Updated 18 Nov 4:01 pm CST
- Aerial View Looking West Last Updated 18 Nov 4:01 pm CST
- Broker's Property Flyer Last Updated 14 Feb 2:19 pm CST
- Commercial Property Condition Statement Last Updated 15 Nov 1:42 pm CST
- Demographic & Income Comparison Profile - Drive Times - 5, 7, 14 Mile Radius of Subject Property Last Updated 16 Nov 7:21 pm CST
- Demographic & Income Profile - 1 Mile Radius of Subject Property Last Updated 16 Nov 7:22 pm CST
- Fifty Year Roof Warranty Last Updated 18 Nov 6:42 pm CST
- Flood Zone Area Subject in Blue Outline Last Updated 18 Nov 4:00 pm CST
- Information About Brokerage Services Last Updated 15 Nov 1:32 pm CST
- Locator Map Last Updated 18 Nov 4:00 pm CST
- Locator Satellite Last Updated 18 Nov 4:00 pm CST
- Marketing Flyer Last Updated 24 Jan 6:57 pm CST
- Offering Memorandum Last Updated 25 Jan 10:39 am CST
- Water & Sewer Line Locations Last Updated 18 Nov 3:59 pm CST
- Zoning Use Last Updated 18 Nov 3:18 pm CST
- Information About Brokerage Services Last Updated 14 Feb 12:33 pm CST
- Sample Contractual Documents Last Updated 27 Dec 12:16 pm CST
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There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.
If you choose to obtain financing from a third-party lender and the third-party lender is unable, for any reason, to provide you with a loan, then your bid shall be considered an ALL-CASH offer.
If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: WestMark Commercial, TX license #9000344
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