318 Cedar St, Abilene, TX 79601
5,750 SF | 26% Leased | Retail Building | Abilene, TX 79601 | $399,900 ($70/SF)
For Sale
Active
Asking Price $399,900
- Property Type
-
Retail
- Square Feet
- 5,750 SF
- Price / Square Foot
- $70
Listing Contacts
Eric Robirds
Property Overview
Downtown Abilene building, 2 blocks from the new downtown hotel and Abilene civic center. 13 offices, separate lobby, secure reception-office area, men's and women's bathrooms, 2 programmable AC units, Sound proof studio and ample storage. 4 parking spaces out front, 8 through rear entry with covered key code access with public parking close by. Entire building is well-insulated. Previously offices have been individually rented from $350-$550 depending on size. 9 offices are currently under individual lease with 4 currently vacant. Current Income is $4350 per month. With potential for an additional $1,600 per month.
Property Details
- Class
- C
- Year Built
- 1948
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Medical
- Lot Size (sq. ft)
- 6,970 SF
Highlights
- Downtown- 2 Blocks from New Hotel and Civic Center
- Offices can be rented individually or fully Owner occupied
- Updated executive offices
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