Listing provided courtesy of Exit Realty of LubbockMLS# 202606082MLS ProviderSource MLS Verified
  • 54 days on site
  • 4 views

Prime investment opportunity in the heart of Littlefield! Situated on a high-visibility corner lot along a main thoroughfare, this versatile commercial property offers the perfect blend of business potential and steady income. The front building is ideal for retail, office, or service use, providing excellent exposure and accessibility. In addition, the property features two established residential rental units located at the rear, both currently occupied by long-term tenants, creating immediate and consistent cash flow. Whether you're an investor looking to expand your portfolio or a business owner seeking a live/work opportunity, this property delivers flexibility and value. With multiple income streams and strong location appeal, this is a rare chance to own a mixed-use asset in a growing community. Don't miss this unique opportunity to invest in a property that works for you!

Source: Lubbock MLS, MLS#: 202606082

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  • Property Type
    Commercial Sale
  • Lot
    0.07 acres

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  • Median Age
    34
  • Population Density
    24
  • College Educated
    22%
  • Estimated Median Income
    $42,622
  • Estimated Total Home Owners
    1,661
  • Estimated Total Renters
    759
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    3
  • Total Population
    6,591
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 400 Phelps Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Lubbock MLS Added to Database
May 06, 2026