# 116 Gassaway Avenue, Lott, TX 76656

> **TL;DR:** commercial, $169,500 ($71/sqft), 2,400 sqft.
> A/C. Est. $906/mo. Listed 124 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $169,500 |
| Price/sqft | $71 |
| Square Feet | 2,400 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 124 |

## 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

- 0.10 acre lot

## Description

### Agent Description
Versatile commercial opportunity in historic downtown Lott, conveniently located just 25 minutes from downtown Temple and 30 minutes from Waco. This move-in ready commercial space offers potential for entrepreneurs, investors, small business owners, storage use, retail, office space, workshop operations, event space, inventory storage, and more. This property has recently undergone major improvements including updated plumbing and electrical systems. Features include large grade-level roll-up doors, attached storage areas, additional attic storage space above the office, high ceilings, concrete floors, and an open interior layout designed for flexibility and functionality. Zoning and permitted uses to be independently verified with the City of Lott. Property is believed to have very limited restrictions, offering exceptional flexibility for future use and development.

## Location

- **Address:** 116 Gassaway Avenue, Lott, TX 76656
- **County:** Falls
- **Neighborhood:** Townsite Of Lott
- **Coordinates:** 31.203893, -97.03651
- **Google Maps:** https://www.google.com/maps?q=31.203893,-97.03651

## Listing Agent

- **Name:** Felicia Galvez-Mauldin · **License:** 0778435
- **Brokerage:** Compass RE Texas, LLC
- **Phone:** 2547022957
- **Broker Phone:** (512) 575-3644
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/SMABOR/613781/?channel=propsimple)

## Photos

![116 Gassaway Avenue - Photo 1](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3213093738r.jpg)

![116 Gassaway Avenue - Photo 2](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2600781759r.jpg)

![116 Gassaway Avenue - Photo 3](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f1757587150r.jpg)

![116 Gassaway Avenue - Photo 4](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2139346441r.jpg)

![116 Gassaway Avenue - Photo 5](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f135252446r.jpg)

![116 Gassaway Avenue - Photo 6](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3384113537r.jpg)

![116 Gassaway Avenue - Photo 7](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f1436763893r.jpg)

![116 Gassaway Avenue - Photo 8](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3965880276r.jpg)

![116 Gassaway Avenue - Photo 9](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3615819203r.jpg)

![116 Gassaway Avenue - Photo 10](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f248104198r.jpg)

![116 Gassaway Avenue - Photo 11](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f184272213r.jpg)

![116 Gassaway Avenue - Photo 12](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2405734743r.jpg)

![116 Gassaway Avenue - Photo 13](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2643978611r.jpg)

![116 Gassaway Avenue - Photo 14](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f537364093r.jpg)

![116 Gassaway Avenue - Photo 15](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2620910962r.jpg)

![116 Gassaway Avenue - Photo 16](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2740516582r.jpg)

![116 Gassaway Avenue - Photo 17](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f1819327615r.jpg)

![116 Gassaway Avenue - Photo 18](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f1382094103r.jpg)

![116 Gassaway Avenue - Photo 19](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f2849759686r.jpg)

![116 Gassaway Avenue - Photo 20](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3866202165r.jpg)

![116 Gassaway Avenue - Photo 21](http://lh.rdcpix.com/4553b9244a33fbb15acae07d2322d557l-f3883231530r.jpg)

---

**MLS#:** 613781 | **Updated:** 2026-08-20
**Source:** listhub

*Copyright © 2026 Central Texas Multiple Listing Service. 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://www.propertysimple.ai/listing/116-gassaway-avenue-lott-tx-76656-r613781)

---

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