735 S Colorado St

Rare opportunity to own property on S. Colorado Street (U.S. Hwy 183) in Lockhart. The property is a 0.92-acre tract with several mature trees that may be protected by city ordinance. The property has about 234' of road frontage along S. Colorado Street and about 194' of road frontage along S. Commerce Street. The property was previously comprised of three parcels but was re-platted several years ago to its current configuration. Property is zoned Commercial – Heavy Business. Buyer to verify development potential with City of Lockhart Development Services. There are three structures on the property. However, the value is in the land. The main building on S. Colorado Street was built in 1958 and has about 993 sq. ft. of usable space. It was previously used for office space but is currently vacant. It has had some recent renovations to bring it up to current building codes to allow for occupancy. Other buildings include a vacant, partially demoed single-family residence along S. Commerce Street and a detached storage/utility shed. Seller may remove both prior to closing.