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2617-2619 34th St 5,520 SF 100% Leased Office Building Lubbock, TX 79410 $550,000 ($99.64/SF)
Investment Highlights
- Two leased retail spaces on the first floor for immediate income
- Six private offices offering flexible configurations for tenants
- Ideal for owner-user or investor seeking strong cash flow potential
- Executive office suites upstairs with shared break area and restroom
- Recently remodeled for modern appeal and long-term durability
- Positioned for excellent returns with established tenancy and growth opportunity
Executive Summary
Multi-tenant office/retail investment available for sale. This two story mixed use building features two retail spaces on the first floor, both leased and a multi-tenant executive office suites on the second floor. The second floor features a common break area with restroom and 6 private offices.
This could be for an owner/user where the owner occupies the first floor and leases out the unused space. It could also work for an investor who wants to lease out all of the available spaces for cash flow. The property currently cash flows and after a recent remodel, is well positioned for great returns for years to come.
Contact broker to schedule a tour of the property. This property is not part of 2621 34th, which is also on the market for sale. They are separate properties. Seller financing is possibly available. Contact broker for details.
This could be for an owner/user where the owner occupies the first floor and leases out the unused space. It could also work for an investor who wants to lease out all of the available spaces for cash flow. The property currently cash flows and after a recent remodel, is well positioned for great returns for years to come.
Contact broker to schedule a tour of the property. This property is not part of 2621 34th, which is also on the market for sale. They are separate properties. Seller financing is possibly available. Contact broker for details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,520 SF
Building Class
C
Year Built/Renovated
1954/2024
Price
$550,000
Price Per SF
$99.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,760 SF
Building FAR
0.73
Lot Size
0.17 AC
Zoning
AC - Auto-Urban Commercial
Parking
12 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Accent Lighting
- Central Heating
- Air Conditioning
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R122038 | Improvements Assessment | $182,741 |
| Land Assessment | $18,938 | Total Assessment | $201,679 |
Property Taxes
Parcel Number
R122038
Land Assessment
$18,938
Improvements Assessment
$182,741
Total Assessment
$201,679
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2617-2619 34th St
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