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    202 Elm St Abilene, TX 79602

    For Sale
    $1,400,000

    Industrial - Abilene, TX

    Type:Industrial
    Lot size:
    0.80 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 202 Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    APN
    31484
    Parking features
    On Street, Parking Lot
    Lot size
    0.80 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas, Other (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1937
    Flooring type
    Carpet, Concrete, Other
    Building materials
    Block
    Roof type
    Flat, Tar/Gravel
    Architectural style
    Other

    Coldwell Banker Apex (972) 208-8797

    Listing agent Chad Chaney (325) 690-4000 License #0588387

    Listing date Jun 28, 2025

    MLS# 20984255 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Abilene Commercial Opportunity

    Located in downtown Abilene at 202 Elm Street, this commercial property offers a versatile space suitable for various business models. Situated in an Opportunity Zone, the property may qualify for tax benefits. The brick-constructed, multi-functional structure features a generous floor plan with a variety of interior spaces, including several offices, a conference room, and a breakroom kitchen area. A separate commercial kitchen is equipped with a commercial vent hood, making it suitable for a restaurant or food service establishment. Additional features include a walk-in cooler and a cardboard baler, enhancing its usability for restaurant, retail, or warehousing operations. The property also includes two restrooms and an upstairs storage loft. Its pull-through design and layout can accommodate a fitness facility, event venue, or educational center. Exterior features include ample parking options and multiple overhead doors, ensuring ease of access. The property is located near city amenities and walkable attractions, including shops, dining, and professional services. The 0.804-acre lot is exceptionally accessible via public transportation routes. Onsite parking is available. The property is an excellent choice for retailers, restaurateurs, or entrepreneurs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Joe Allen's Catering, Joe Allen's Pit Bar-B-Que, Allen's Joe Lytle Bend Pvln

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.736699
    Latitude
    32.447305

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    FAQs

    What type of property is this?
    Restaurant - Versatile commercial property in downtown Abilene, ideal for various business models.
    Where is this restaurant located?
    The property is located at 202 Elm St Abilene, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Located in a designated Opportunity Zone, offering potential tax benefits.; - Prime downtown Abilene location with high accessibility via public transportation and proximity to shops, dining, and services.; - Versatile, multi-functional space suitable for various business models.
    (325) 690-4000
    Request Owner's contact information
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    Abilene, TX 79602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Elm St Abilene, TX 79602
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