# 112 Gassaway Avenue, Lott, TX 76656

> **TL;DR:** commercial, $169,500.
> A/C. Est. $906/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $169,500 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $857 |
| Estimated Insurance | $49 |
| **Total** | **$906** |

## Key Amenities

- A/C

## Property Highlights

- 0.09 acre lot

## Description

### Agent Description
Previously operated as a restaurant, this property is ready for its next visionary owner to bring their business dreams to life. With a full-price offer, furniture and commercial kitchen equipment are included, creating an exceptional value for investors, restaurateurs, or entrepreneurs looking to launch or expand without the massive startup costs typically associated with opening a restaurant. Incredible opportunity in the heart of historic downtown Lott along visible State Highway 320, only 25 minutes from downtown Temple and 30 minutes from Waco. The property features updated HVAC, modern lighting fixtures, updated bathroom, rear alley access, and a spacious dining area with wooden dining tables, chairs and bar stools, stage and speaker setup ideal for live music, events, entertainment, or community gatherings. The office overlooks both the stage and main dining area through an interior viewing window, offering excellent operational visibility. Commercial kitchen features include a newer ventilation hood system, fryer, grill, flat top cook station, prep station, cooler, commercial stainless steel side-by-side refrigerator, additional refrigerator, three-compartment wash sink, handwashing sink, microwave, prep carts, shelving, and more. Whether you envision a restaurant, cafe, event venue, music venue, or unique destination business, this property provides the foundation to step in and start building your future. Opportunities like this rarely come available at this price point with this level of included infrastructure and equipment already in place.

## Location

- **Address:** 112 Gassaway Avenue, Lott, TX 76656
- **County:** Falls
- **Neighborhood:** Townsite Of Lott
- **Coordinates:** 31.20522106, -97.03557408
- **Google Maps:** https://www.google.com/maps?q=31.20522106,-97.03557408

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21268322

## Listing Agent

- **Name:** Felicia Galvez-Mauldin
- **Brokerage:** Dallas Compass, LLC.
- **Broker Phone:** (214) 814-8100

## Photos

![112 Gassaway Avenue - Photo 1](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1635689247r.jpg)

![112 Gassaway Avenue - Photo 2](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f2587003193r.jpg)

![112 Gassaway Avenue - Photo 3](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f3582247410r.jpg)

![112 Gassaway Avenue - Photo 4](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1075109156r.jpg)

![112 Gassaway Avenue - Photo 5](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1286910917r.jpg)

![112 Gassaway Avenue - Photo 6](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f3879963581r.jpg)

![112 Gassaway Avenue - Photo 7](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f2695778069r.jpg)

![112 Gassaway Avenue - Photo 8](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1465064183r.jpg)

![112 Gassaway Avenue - Photo 9](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1738616445r.jpg)

![112 Gassaway Avenue - Photo 10](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1314876256r.jpg)

![112 Gassaway Avenue - Photo 11](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f3928695558r.jpg)

![112 Gassaway Avenue - Photo 12](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f177628537r.jpg)

![112 Gassaway Avenue - Photo 13](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f216093687r.jpg)

![112 Gassaway Avenue - Photo 14](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1556919956r.jpg)

![112 Gassaway Avenue - Photo 15](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f3632920910r.jpg)

![112 Gassaway Avenue - Photo 16](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f2661408464r.jpg)

![112 Gassaway Avenue - Photo 17](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f4000849274r.jpg)

![112 Gassaway Avenue - Photo 18](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f1151137302r.jpg)

![112 Gassaway Avenue - Photo 19](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f4263927943r.jpg)

![112 Gassaway Avenue - Photo 20](http://lh.rdcpix.com/20de4888d7383c6392f2a31910605b0bl-f3608093888r.jpg)

---

**MLS#:** 21268322 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/112-gassaway-avenue-lott-tx-76656-247ea01c3164472cbae2315c1a7067a3)

---

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