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518 E 34th St
Lubbock, TX 79404
Retail Property For Sale
Investment Highlights
- Turnkey Property
- 34th Street
Executive Summary
Located on 34th Street, this property offers a straightforward commercial opportunity with strong accessibility and HC zoning. The property is positioned near MLK Jr. Blvd, providing quick connection to Loop 289, I-27, and surrounding neighborhoods. Built in 1960, the site is currently utilized as a bar and private event/party venue. Sale includes all interior contents, offering a turnkey setup for continued operation or renovation into other commercial use. It features hard-surface flooring and a functional layout suitable for gatherings or service operations. A fenced backyard with/large patio expands usable space for outdoor events or seasonal service. The property also includes a back house for storage or auxiliary purposes and offers ample on-site parking. With its high-visibility location and existing hospitality infrastructure, 518 E 34th Street serves as a practical option for operators, investors, or business owners seeking a lean, ready-to-use commercial property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,667 SF
Building Class
C
Year Built
1950
Price
$175,000
Price Per SF
$65.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.37 AC
Zoning
HC - Heavy Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
179’ on 34th St
Amenities
- Fenced Lot
- Air Conditioning
Property Taxes
| Parcel Number | R69776 | Improvements Assessment | $43,902 |
| Land Assessment | $16,327 | Total Assessment | $60,229 |
Property Taxes
Parcel Number
R69776
Land Assessment
$16,327
Improvements Assessment
$43,902
Total Assessment
$60,229
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