313 N Detroit Ave, Lubbock, TX 79415

Property Overview:

We are pleased to present a prime value-add investment opportunity located at 313 N Detroit Avenue, a very visible and well-trafficked area just north of Marsha Sharp Freeway. This ±1.12-acre flexible site features a neighborhood convenience store equipped with kitchen space, freezer, storage, grease trap, you name it. This site could be well positions for a redevelopment opportunity or a variety of commercial uses such as a liquor store, retail, etc. The property also includes an additional building at 2910-2912 Colgate, formerly leased to a barbershop, along with an old school laundromat and lease space, offering a potential income stream upon renovation. With multiple conjoining vacant lots, this property provides excellent flexibility for future development.

Key Features:

• Size: ±1.12 acres with multiple adjoining vacant lots

• Building: Vacant convenience store with kitchen and freezer, plus additional building with laundromat and former barbershop space

• Condition: Requires improvements – ideal for a value-add investor or redevelopment

• Redevelopment Opportunity: Potential to add drive-thru, re-tenant, or convert space for alternative uses

• Location: Situated in close proximity to Texas Tech University and University Avenue, with easy access to Marsha Sharp Freeway and high traffic on Detroit Avenue

• Roof: Recently replaced.

Investment Highlights:

• High visibility and traffic on Detroit Avenue, a major corridor near Texas Tech University

• Multiple vacant lots allow for flexible redevelopment opportunities

• Ideal for a variety of uses, including retail, foodservice, or mixed-use redevelopment

• Opportunity to reposition and lease existing spaces (laundromat, barbershop) while improving and activating the larger property

• Priced attractively as a value-add investment with significant upside potential

For more information or to schedule a property tour, please contact Jarrett Thornton at 806 781 6740