About This Home

This 0-bedroom, 0-bathroom commercial at 5217 50th Street in Lubbock, TX is listed for $699,000 ($97 per sqft). Built in 1973, the home offers 7,240 sqft of living space on a 0.56 acres lot.

Key Features

  • Built in 1973
  • 0.56 acre lot

Property Details

1 story
1973

Amenities

A/C
Listing Description

Owner-user opportunity with built-in rental income and room to grow. This 7,240 SF multi-use commercial building in Lubbock offers a rare chance to operate your own business while tenants help carry the property. The sale also includes a separate 0.5-acre commercial parking lot with future development potential.

The building currently houses a flower shop (approx. 1,100 SF) on a triple-net lease and a salon (approx. 4,140 SF) operating with booth-rental income. The remaining approx. 2,000 SF is vacant and ready for your business, or for a new tenant. The space has previously leased for $1,840 per month plus utilities and a 25% share of property tax.

Also included in the sale is a separate 0.5-acre parcel, currently used as parking and located in a commercial area. It provides ample customer and tenant parking today and a prime opportunity for future development. Whether you expand, add a pad site, or build for additional income, the extra land gives you flexibility that most properties in this price range don't offer.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

5217 50th Street

Lubbock, TX 79414

Property Details

Parking

Parking LotAlleyOversize

Heating

Central

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5217 50th Street is listed at $699,000 ($97/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.56 acre lot.

This property is listed by Casey Klingensmith.

CK

Casey Klingensmith

License 0633729

Agent at Reside Real Estate Co.

Listed by Reside Real Estate Co. · Broker phone: 806-370-0282

MLS# 202613587· Source: Lubbock Association of Realtors· 26 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.

5217 50th Street, Lubbock, TX 79414

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