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$115,000
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Property Description
Expansive Commercial Building in Lott, TX - Endless Potential! Spacious 4,800 apx. sq ft. commercial building offering a rare opportunity for investors and entrepreneurs. Just 30 minutes from Temple and 45 minutes from Waco, it offers visibility and accessibility for a future business. The large storefront, deep interior, and flexible layout make it ideal for businesses needing ample space to grow. Once home to Lott's beloved Antique Mall, this building has a rich history. With no restrictions, you have the freedom to transform it into a retail space, event venue, restaurant, office, or anything you envision. Positioned in a town with character and charm, this property has potential to revitalize and serve the community. Don't miss this chance to own a significant piece of Lott's history and shape its future. Neighboring properties for sale as well and can all be purchased as package together.
Full Property Details
Full Property Details for 208 E Gassaway
General
- Price: $115,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 573114
- Updated: 3/5/2026
- Added to Site: 386 day(s) ago
Parking
- Parking Features: None, Parking Space(s)
Location
- County: Falls
- Subdivision: Townsite Of Lott
- Driving Directions: From I-35 in Temple, take Exit 299 and merge onto TX-53 E toward Lott. Continue for approximately 18 miles. Upon entering Lott, turn left onto Gassaway/320, property located just past 2nd Street on the left. 5th Building on the left.
School Information
- Elem School District: Rosebud-Lott ISD
- Midd School District: Rosebud-Lott ISD
- High School District: Rosebud-Lott ISD
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Construction: Brick, Wood Siding
- Stories/Levels: 1
- Square Feet: 4,800
- Sq. Ft. Source: Appraiser
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.192
- Frontage: City Street
Disclosures and Reports
- Legal Description: S2060 TOWNSITE OF LOTT BLK 80 LOT 15-16 .192 ACRES
- Property ID: 29327
- Block: 80
- Lot Number: 15
Listed by Compass Re Texas, Llc and Compass RE Texas, LLC
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Schools
Schools serving 208 E Gassaway
School District:Rosebud-Lott Independent School District
| Name | Grades | Distance |
|---|---|---|
Rosebud-Lott Elementary School 513 South 5th Street, Lott, TX 76656 | PK-6 | 0.4 mi |
Rosebud-Lott Middle School 1789 U.S. 77, Lott, TX 76656 | 7-8 | 4.8 mi |
Rosebud-Lott High School 1789 U.S. 77, Lott, TX 76656 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 208 E Gassaway
Date
Details
Price
Change
Source
3/05/2026
Price Reduced
$115,000
-14.81%
MLS
9/11/2025
Price Reduced
$135,000
-20.59%
MLS
3/14/2025
Listed
$170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 208 E Gassaway
208 E Gassaway, Lott, TX 76656 (MLS# 573114) is a Commercial property. 208 E Gassaway is currently listed for $115,000 and was received on March 14, 2025. Want to learn more about 208 E Gassaway? Do you have questions about finding other Commercial real estate for sale in Lott? You can browse all Lott real estate or contact a Coldwell Banker agent to request more information.
