1066 2Nd StAbilene, TX 79602

  • Commercial real estate
  • 4,290 SF
For Sale
$525,000 View listing

Property Details for 1066 2Nd St

Year built
1952
Lot size
0.48 AC
Property size (Sq ft)
4,290 SF
Property type
Commercial real estate
APN
70100009300
APU
70100009300

Description

This multi-tenant, Class C commercial building, located at 1066 S 2nd St, Abilene, TX 79602, offers 36,210 square feet of net rentable space across three stories. Built in 1952, this one-building property sits on a 20,996 square foot lot (0.48 acres) and boasts 15-20 foot ceilings. The permitted zoning is CB (Central Business). The building's diverse history includes use as a bar and traditional office space, making it suitable for a variety of uses, including warehouse space. Features include central heating and cooling, burglar/fire alarms, sprinklers, and smoke detectors. The flooring is a mix of concrete and wood, supported by a slab and other foundation types. Convenient city street frontage with curbs and gutters provides easy access. On-street parking is available. The asking price is $525,000. This property presents a significant opportunity for investors seeking a versatile commercial space in a thriving downtown location. The building's existing infrastructure and prime location make it an ideal investment for various commercial endeavors, from entertainment venues to office spaces, storage facilities, or retail establishments. The second story, previously a bar, offers significant potential for redevelopment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,352,791
    Hospitality
    $1,239,149
    Educational
    $1,030,958
    Medical
    $1,066,414
    Retail
    $1,603,712
1066 2Nd St, Abilene, Texas

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.4479
Longitude
-99.7347
CBSA code
10180
CBSA name
ABILENE, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,369
$47,250
$489,360
$536,610
-
$47,250
$489,360
$536,610

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].