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Historic Building For Sale 1305 S 1st St

27,569 SF Vacant Retail Building Abilene, TX 79602 £981,239 (£36/SF)

Investment Highlights

  • Commercial Zoning
  • Downtown Views & Excellent Visibility for Retail Success
  • 1305 S. 1st Street - Considered a Historic Property, recorded by City of Abilene
  • Located at Busy & Signaled Intersection
  • Close Proximity to the Abilene Zoo, Frontier Texas!, and the Downtown Area

Executive Summary

An Exceptional Opportunity: Two Historic Buildings for One Price! We are pleased to present the iconic Historic Good Year Building, built in 1935, alongside the charming three-story Yaya Gurlz Building, now available for purchase. Together, these buildings offer over 27,569 SF of commercially zoned space, making them a significant asset in the heart of Abilene.
Located just south of downtown Abilene at the bustling intersection of Butternut Street and South 1st Street, this property benefits from easy access to major roadways, downtown views, and proximity to the vibrant SODA district.
The property has undergone renovations, including updated electrical systems, roofing, with substantial potential for further value-add opportunities. The J&J Auto portion offers office spaces, indoor parking garages with ample spaces to pull in several vehicles with a 12 foot overhead garage door. The Yaya-Gurlz portion serves as a retail hub with store front and warehouse in the back and overhead garage doors not to mention two additional stories as blank canvas ready for your charm and touch to make it a great space. This versatile property is ideal for investors or end-users looking to capitalize on Abilene's growing market and downtown revitalization.
The two buildings come with about 30 parking spaces next to the building and opportunity for indoor parking as well.
Situated just south of downtown Abilene at the bustling intersection of Butternut Street and South 1st Street, this location offers easy access to major roadways and high visibility. It's an ideal choice for users and investors alike. Walking distance from middle of downtown Abilene and the SODA district. Don’t miss this chance to be part of Abilene’s downtown resurgence—call today to schedule your private tour and explore the possibilities.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
27,569 SF
Building Class
C
Year Built/Renovated
1935/2000
Price
£981,239
Price Per SF
£36
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
1.70
Land Acres
0.37 AC
Opportunity Zone
Yes
Zoning
C - Commercially zoned for multiple uses.
Parking
30 Spaces (1 Space per 1,000 SF Leased)
Frontage
200 ft on 1st Street

Amenities

  • Signage
  • Signalised Intersection
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
59283
Land Assessment
£28,702
Improvements Assessment
£146,643
Total Assessment
£175,345
  • Listing ID: 32750988

  • Date on Market: 09/08/2024

  • Last Updated:

  • Address: 1305 S 1st St, Abilene, TX 79602

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