About This Home

This 0-bedroom, 0-bathroom commercial at 1601 Vanda Avenue in Lubbock, TX is listed for $210,000 ($24 per sqft). Built in 1964, the home offers 8,638 sqft of living space on a 0.40 acres lot.

Key Features

  • Built in 1964
  • 0.40 acre lot

Property Details

1 story
1964

Amenities

A/C
Listing Description

OWNER FINANCING AVAILABLE. Positioned with excellent access to major highways and key transportation corridors, this 8,638+/- square foot commercial property presents an exceptional value-add opportunity for investors, developers, healthcare operators, and owner-users seeking a flexible redevelopment asset.

The existing floor plan features numerous private rooms, multiple common areas, administrative space, and a layout that lends itself to a variety of commercial and institutional uses. Potential redevelopment opportunities include assisted living, memory care, behavioral health, rehabilitation services, transitional or veterans housing, medical offi

ces, educational facilities, workforce housing, nonprofit operations, or other specialty commercial uses, subject to zoning, licensing, and buyer verification. With a substantial building footprint, adaptable interior configuration, and strategic location, this property offers the opportunity to reposition an existing asset into a high-demand use.

Its convenient highway access provides efficient connectivity for staff, clients, and service providers while supporting long-term operational success. Whether you're expanding an existing portfolio, pursuing an adaptive reuse project, or seeking a commercial redevelopment opportunity, this property offers the size, flexibility, and location to bring your investment vision to life. Buyer to independently verify all property information, zoning, permitted uses, licensing requirements, and suitability for intended use.

Monthly Cost Estimate

$1,123/mo

20% down · 6.5% · 30 years

Principal$152
Interest$910
Insurance$61

Estimates only. Actual payments may vary.

Location

1601 Vanda Avenue

Lubbock, TX 79403

Property Details

Flooring

Tile

Construction

Batts Insulation Brick Concrete

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1601 Vanda Avenue is listed at $210,000 ($24/sqft). The estimated monthly payment is $1,123 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.40 acre lot.

This property is listed by Rachel Smith and can be reached at 8063926839.

RS

Rachel Smith

License 0779879

Agent at Keller Williams Realty

(806) 392-6839

Listed by Keller Williams Realty · Broker phone: (806) 771-7710 · View on Broker Site

MLS# 202609379· Source: Lubbock Association of Realtors· 75 days on PropertySimple

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1601 Vanda Avenue, Lubbock, TX 79403

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