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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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112 Gassaway , Lott, TX 76656
$178,500
Est. Payment: $896.40/mo
0 Bed
0 Bath
2400 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility. Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, café, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.
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Highlights

Listed by Felicia Galvez-Mauldin , (254) 702-2957 and James Mauldin , 254-718-3062 Compass Re Texas, Llc , (214) 814-8100. Central Texas MLS

Property Type

Commercial Sale
Lot/Acreage
0.09

County

Falls

 Neighborhood

Townsite Of Lott

 School District

Rosebud-Lott ISD

Listing ID

613632

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Concrete
Other:Storage
Other:Public

Exterior Features

Roof:Metal
Others:Resale
Sewer:Public Sewer
Parking Features:Parking Space(s)
Principal Interest
$896
Taxes
$114

Home Price

$178,500

Loan Details

30 yrs
6.434%

Down Payment

20%
$35,700
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$896.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $896.40 $113.79 $0.00 $1,010.20
Yearly $10,756.85 $1,365.52 $0.00 $12,122.37
Total $322,705.39 $40,965.75 $0.00 $363,671.14

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Lott, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:53:31.000Z

© 2026 Central Texas MLS