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Investment Highlights

  • Vacant - Ready for immediate move in
  • Motivated seller – all reasonable offers considered
  • Hard corner lot in downtown Lampasas

Executive Summary

Bring your business vision to life in the heart of the booming Central Texas corridor! Located directly on Main Street in historic downtown Lampasas—just two blocks from the downtown square and directly across the street from the Lampasas Police Department for added security—this highly versatile 8,440-square-foot flex space offers an incredible footprint for owner-users, investors, or landlords.
Sitting on a 0.38-acre hard corner just steps from the bustling intersection of Highways 183, 281, and 190, the property ensures high daily vehicle traffic (VPD) and massive commercial exposure. Featuring a massive 8-bay layout, solid metal-frame construction, a metal roof, and durable concrete flooring, this building provides the ultimate blank canvas. It has already seen a variety of modern updates, features connected city utilities (water, sewer, natural gas, electric), and offers off-street parking.
The property is vacant, ready for immediate move-in, and perfect for a wide variety of businesses, including automotive, trade services (HVAC/roofing/plumbing), gyms, retail showrooms, light industrial, or flex warehouse.
Don't miss your chance to claim a prime piece of downtown Lampasas commercial real estate!

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $699,700
Price Per SF $82.90
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Auto Repair
Building Class C
Lot Size 0.38 AC
Rentable Building Area 8,440 SF
No. Stories 1
Year Built/Renovated 1976/2025
Tenancy Single
Parking Ratio 0.59/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 8
Zoning Retail - City of Lampasas Retail - See OM for approved uses

Amenities

  • Skylights

Utilities

  • Lighting - LED
  • Gas
  • Water - City
  • Sewer - City
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 8,400 SF
  • Flex
  • Shell Space
  • Now

NNN leases are negotiable for a 3+ year term. List price does not include NNN expenses, currently estimated at $1.10/SF/YR. Tenant Improvement (TI) allowances are available for qualified tenants, including a potential 1,000 sq. ft. office build-out, dedicated office HVAC, private restroom, and a 220V power panel upgrade.

Space Size Space Use Build-Out Available
1st Floor 8,400 SF Flex Shell Space Now

1st Floor

Size
8,400 SF
Space Use
Flex
Build-Out
Shell Space
Available
Now

1st Floor

Size 8,400 SF
Space Use Flex
Build-Out Shell Space
Available Now

NNN leases are negotiable for a 3+ year term. List price does not include NNN expenses, currently estimated at $1.10/SF/YR. Tenant Improvement (TI) allowances are available for qualified tenants, including a potential 1,000 sq. ft. office build-out, dedicated office HVAC, private restroom, and a 220V power panel upgrade.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
150
Land Assessment
$66,960
Improvements Assessment
$284,970
Total Assessment
$351,930
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41839826

  • Date on Market: 8/21/2026

  • Last Updated:

  • Address: 408 S Main St, Lampasas, TX 76550

Contact the Sale Advisor

408 S Main St

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