701 E 50th St - Restaurant FOR SALE


Lubbock, TX 79404
$950,000 USD
806-239-0804
701 E 50th St, Lubbock, TX for Sale
$950,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

701 E 50th St
Lubbock, TX 79404


HIGHLIGHTS

  • Turn-key Opportunity!
  • Newly remodeled
  • 50th Street Frontage

OVERVIEW

This remodeled freestanding building offers a rare turnkey opportunity. Opened recently by the current owner as a restaurant, it is well-maintained and in excellent condition. The property features a drive-through and is fully equipped to accommodate a wide range of concepts. With its flexible layout, the space is well-suited not only for restaurant operations but also for use as a bar, lounge, or nightclub—making it an ideal fit for hospitality operators seeking a turnkey location or a new restaurant venture. Strategically located on 50th Street, the property serves a large industrial area with many first responders, nearby residents and many local workers. This location is also near and on the route to Buffalo Springs and Lake Ransom Canyon. Fixtures, furnishings, and equipment currently on-site convey with the property.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

LI

APN/PARCEL ID

R117725

ASK ABOUT THIS PROPERTY

David PowellKW LubbockMore Info
806-239-0804

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David PowellKW LubbockMore Info
806-239-0804

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