180 N Texas Ave
Slaton, TX 79364
Office Property For Sale

The building is a deep red brick exterior, and looks similar to the flat iron building in New York City. County records has it at 2748 square feet, but they are not counting the private garage that is located on the backside of the building. So it does need significant work, from floors to windows and a new roof. it has been vacant for several years and we had a contractor go in to spruce it up to make it sale ready and unfortunately left with the money and no work completed. we are getting estimates of $100K but with an estimated ARV of $400K we are confident this will be a money maker for the person who does the work. On to the good news, the possibilities are endless, from retail, medical, housing, and even office. The most popular idea is to have the 2nd level as apartments and keep the lower level for retail shops or casual service, such as sandwich shops or Taqueria. As there are many business located within walking distance and no clear lunch spot Texas ave is the main st for Slaton and is only 13 minutes away from Lubbock Tx, so we can easily reach out to folks in Lubbock as well. We are MOTIVATED to sell and the price reflects that as well, for only $25,000 CASH, we are paying 6% commission to any realtor that brings us a buyer. $1K non refundable deposit locks the deal up and title is clear, Bring all offers! New Update: We are now moving forward with Owner Financing @ $44,900 with 10% down, and monthly payments that include tax and insurance. Please feel free to contact me with any questions you may have at 210-549-7809