Link Copied
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $19,881
Days Active 1
Approx. Age 1923
MLS® Number 20976123

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This beautifully renovated 13, 500 sq.Ft. Building in the heart of South Downtown Abilene has four leasable spaces, three of which are leased & generating $6, 926.00 base rents per month. The monthly lease amount jumps to $7, 426.00 per month in September 2025 with potential for an additional $2, 800 base rent per month once the fourth space is leased. The current tenants are two dance studios in the lower front & The Stairs bar and music venue upstairs. The remaining 3, 375 sq. Ft space is actively for lease (MLS #20792543). A new owner could occupy this remaining available space or lease to a new tenant & own the building as a more passive investment. All current leases are NNN. Improvements to the building include new roof, new HVAC, ADA restrooms in each space, new electrical, new plumbing, new windows, insulated ceiling tiles, new paint & new flooring. This is a great property in the up-and-coming SODA District (South Downtown Abilene). With the recent sale of 833 S. 1st as the future home of Angry Cactus Abilene & the sale of 901 S. 1st (Lauren Building), this property is a solid investment!Show Description
MLS® Number20976123
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1923
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Natural Gas
A/CCentral Air, Electric
Heating Fuel

Extras

Building Only

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing