1502 S Lipscomb St - Light Distribution FOR SALE


Amarillo, TX 79102
$275,000 USD
806-373-3111
1502 S Lipscomb St, Amarillo, TX for Sale
$275,000 USD
Light Distribution - FOR SALE
1/23
null | Request Cap Rate

1502 S Lipscomb St
Amarillo, TX 79102


HIGHLIGHTS

  • Combination of office and warehouse space providing diversified utility for multiple business types.
  • Updated office areas feature reception, conference room, breakroom, and two restrooms.
  • Warehouse with pull-through capability, two 8-foot overhead doors, and fenced yard space.
  • Recent improvements include roof replacement, HVAC upgrades, LED lighting, and gutter system.
  • Infrastructure supports heavy usage with three-phase power and compressed air lines in the shop.

OVERVIEW

This centrally located property presents a versatile opportunity for businesses requiring a blend of office and warehouse space in Amarillo. Situated between Georgia and Washington Streets with easy access to I-40, the property offers both convenience and functionality for a range of users, including contractors, wholesalers, and light industrial operations. The layout includes a front office section featuring private offices, a conference room, reception area, kitchen/break area, and two restrooms, delivering a professional environment for administrative functions. Recent upgrades enhance the asset’s appeal, including a new roof, updated HVAC systems, LED lighting, improved gutters, and other efficiency-focused improvements. The rear warehouse accommodates operational needs with two 8-foot overhead doors, pull-through access, three-phase power, compressed air lines, and a fenced side yard for secured outdoor storage. These features enable ease of logistic operations while maintaining flexibility for multiple business uses, from service companies to small-scale distribution.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16

LAND SF

7,105

ZONING

GR

APN/PARCEL ID

R-005-9200-0100-0

ASK ABOUT THIS PROPERTY

Meagan BrownGaut Whittenburg Emerson; Commercial Real EstateMore Info
806-373-3111

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Meagan BrownGaut Whittenburg Emerson; Commercial Real EstateMore Info
806-373-3111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.