1601 Vanda Avenue, Lubbock, TX 79403
1601 Vanda Avenue, Lubbock, TX 79403
1601 Vanda Avenue, Lubbock, TX 79403
1601 Vanda Avenue, Lubbock, TX 79403
1601 Vanda Avenue, Lubbock, TX 79403
1601 Vanda Avenue, Lubbock, TX 79403
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Listed by Rachel Smith Keller Williams Realty
$ 220,000
Est. payment | /mo

8,638 SqFt

Save
$ 220,000
Est. payment | /mo
Save

8,638 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,638 sqft

Price per Sqft $25

MLS Listing ID 202609379

Year Built 1964

Annual Tax Amount $2,141

Lot Size 0.396 Acres

Acres 0.4

Property Sub-Type Hotel/Motel

Source Lubbock Association of REALTORS®

Property 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 offices, 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.

Location

State TX

County Lubbock

Area 1

Rooms

Basement Basement

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Parking Features Asphalt

Utilities Available Electricity Available, Sewer Available, Water Available

Roof Type Composition

Building

Lot Description Corner Lot, Irregular Lot

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID R48662

Acceptable Financing Assumable, Cash, Conventional, FHA, Private Financing Available

Listing Terms Assumable, Cash, Conventional, FHA, Private Financing Available

Special Listing Condition Standard

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+1(806) 358-3900
7705 SW 34th Ave, Amarillo, TX 79121, USA
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1601 Vanda Avenue