Contacts

Scott Womack

Coldwell Banker Commercial Capital Advisors

Property Details

Property Type Office - General Office
Lot Size 1.36 Acre
Additional Rent Contact for pricing
Year Built 1986
Date Updated Dec 18, 2024

59,137 sq. ft. tract of land suitable for redevelopment or purchase with 10,355 sq. ft. building currently serving as a bank branch and suitable for multiple professional office and retail uses. The front building is configured with multiple private offices, open workspaces, vault, break room, rear office suite, and teller desk with drive through. There is a 1,075 sq. ft. storage building on the property as well. The current owner will subdivide the tract of land on which the buildings sit for a partial sale of the north tract of land of approximately 34,059 sq. ft. with 10,355 sq. ft. building at a price of $1,242,600. In the event of partial sale, the current owner will retain ownership of the south tract of land and convert the storage building into teller stations and small lobby for continued banking operations. If a buyer wishes to purchase the property and retain the current owner as a tenant for the south portion of the property for investment purposes, the bank is willing to enter into a long-term lease for their banking facility.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Water: Municipal Water
Lot Size: 1-2 Acres
Age: 31-40 Years Old
Sewer: City
Located in High Density Population Area in the Heart of Lubbock
Owner Will Subdivide Property for Multiple Uses
Suitable for Redevelopment for Multiple Office or Retail Uses
Located in the heart of Lubbock in a densely-populated area of the city on southeast corner of 50th Street and Memphis Avenue between Indiana Avenue and Quaker Avenue and on an outlot of Sutherland's Home Base home improvement store. 50th Street is a major east-west commercial thoroughfare acro...

Attachments

Flyer - 3721 50th Street (PDF) opens in new window

Getting around

77/100
Walk Score ®
23/100
Transit Score ®
56/100
Bike Score ®

Powered by Walk Score ®

City Lubbock, TX
Neighborhood Leroy Elmore
Zip Code 79413
Market Lubbock

Points of Interest

Alon

0.55 miles
Murphy Express

1.13 miles
Murphy USA

1.40 miles
Circle K

1.43 miles
Valero

1.55 miles
E-Z Mart

1.60 miles
Phillips 66

1.77 miles
Tesla Supercharger

4.24 miles
SPEC ChargePoint Station

4.75 miles

vacant

1.80 miles
Lot C17

2.19 miles
Flint Ave Garage

2.31 miles
Residence Hall Parking - Lot Z3

2.32 miles
Goin' Band Practice Area

2.53 miles
Commuter Parking - Lot S1

2.60 miles
Lot R09

2.60 miles
Lot R01

2.64 miles
Lot R07

2.67 miles

Hampton

1.44 miles
Fairfield Inn

1.45 miles
Courtyard

1.46 miles
Extended Stay America

1.46 miles
Ashmore Inn & Suites

1.46 miles
Staybridge Suites

1.60 miles
Comfort Suites

1.69 miles
Days Inn & Suites by Wyndham Lubbock Medical Center

1.72 miles
Comfort Suites University

1.73 miles
Studio 6 Lubbock, TX - Medical Center

1.74 miles

Market Street

0.40 miles
Oriental Market

0.44 miles
Ross

1.01 miles
Mirch Masala Groceries & Kitchen

1.46 miles
Mardel's

1.50 miles
Walmart Supercenter

1.50 miles
TJ Maxx

1.52 miles
Jirani International Enterprise African Market

1.53 miles
Dillard's

1.74 miles
Chrome

1.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.