This property is Off-Market

1215 Avenue J
Lubbock, TX 79401 ·

30 Units · Multifamily For Sale

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Green/Cobb Buildings

Price N/A Property Sub-type Mid/High-Rise
No. Units 30 Property Use Type Investment
Building Size 70,430 SF Lot Size 16,250 SF
Property Type Multifamily
Listing ID: 16364025 Date Created: 08/20/2009 Last Updated: 11/26/2013

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.

Research

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

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