Historical Multifamily Sale Listing - Green/Cobb Buildings

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Green/Cobb Buildings

1215 Avenue J, Lubbock, TX 79401

N/A

30 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
30
Building Size:
70,430 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Lot Size:
16,250 SF
Listing ID
16364025
Last Updated
333 days ago

Description

This property consists of two buildings in downtown Lubbock, Tx. The Green Building is a 6 story concrete and steel structure with a full basement. The building has brick veneer with cast stone features on the front elevation. The building has had the asbestos abated and is structurally sound. It has most of the interior walls removed and the interior brick is exposed on 2 floors. This building is a great loft apartment/condo/boutique hotel redevelopment property. The Cobb Building is a two story with full basement former department store building adjacent to the Green Building. It could be used as parking for the Green Building or as meeting rooms. It is a steel structure with brick veneer exterior. The asbestos has been abated and it is structurally sound. The current owner has a full set of architural drawings to redevelop these two buildings into downtown loft apartments/condos.

These two buildings are located in downtown Lubbock, Tx. Lubbock has recently contracted with a local developer to help revitalize the downtown area. These buildings are within the first phase of that project. They are midway between the Lubbock Art District and the Depot Entertainment District. They are within walking distance of the Lubbock County Courthouse and the Federal Courthouse Building. The location provides easy acces to all of Lubbock with their proximity to I27 and the Marsha Sharp Freeway.

Map of 1215 Avenue J, Lubbock, TX 79401 (Lubbock County)

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