542 Hickory St, Abilene, TX 79601
8,500 SF Specialty Building Offered at $1,100,000 at a 6.87% Cap Rate in Abilene, TX 79601
Asking Price $1,100,000
- Property Type
-
Specialty
- Square Feet
- 8,500 SF
- Price / Square Foot
- $129
Listing Contacts
Mitch Barnett
Property Overview
8,500 SF completely renovated office building in downtown Abilene. The property would need to be re-platted to include the main building, the small building on the west side of the property, and the parking lot down to the line in the first image. Approximately 330' x 120' or 0.90 acres of land underneath the building and parking lot. The building features 15 separately leased tenant spaces with only one space available as of 12.19.23. The previous tenant in the vacant space moved out 11.30.23. The small building on the west side of the property is expected to be leased in early 2024. Peacock Patio Bar and the parking lot to the west and south are not for sale. Landlord pays for insurance, taxes and utilities
Property Details
- Year Built
- 1959
- Stories
- 2
- Lot Size (sq. ft)
- 84,071 SF
Highlights
- 1 Block From Double Tree Hotel - Opened Summer 2023
- Downtown
- 1 Block From Abilene Convention Center
Nearby Properties
Similar Properties
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