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Restaurant With Attached Residence
For Sale
$399,000

209 Cottonwood Street, Abilene, TX 79601

CommercialSale, Abilene, TX

Property SizeContact for details
Lot Size0.42 Acres
Days on Market50

Property Features for 209 Cottonwood Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description LI
Parking features Parking Lot
Subdivision Ot Abilene
Directions just there off the old traffic circle
Standard status Active
APN 54740
Lot size 0.42 Acres

Taxes and HOA fees

Tax Description OT ABILENE TIF #1, BLOCK 141, LOT 8 & 7 LESS
Tax Annual Amount 1652
Legal Description OT ABILENE TIF #1, BLOCK 141, LOT 8 & 7 LESS

Utilities

Heating system Natural Gas, Central
Cooling system Central Air, Electric

Building Details

Year built 1951
Floors in Building 1
Number of units 1
Flooring type Tile
Building materials Brick, WoodSiding
Roof type Composition, Asphalt
Listing Agency: Barnett & Hill
Listed By: John Hill · License #0627718
Added: Jul 10 Changed: Aug 21 Last Checked: Aug 28 at 11:06PM
MLS# 21278692

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This restaurant property includes a dining room, kitchen, substantial bar area, and an attached residence formerly occupied by the operating family. The bar has not been used for many years, while the restaurant and living quarters are included in the offering. Brick and wood siding, tile flooring, central heating and cooling, and a composition and asphalt roof complete the existing improvements.

The property comprises two parcels totaling 0.42 acres at 209 Cottonwood Street in Abilene, Texas. LI zoning permits restaurants as well as bars, taverns, lounges, and clubs serving alcohol for on-site consumption. Separate from the real estate sale, the owner is willing to convey the operating business and recipes with the property.

Key Highlights

  • Two‑parcel restaurant property totaling 0.42 acres
  • Attached residence included with the restaurant improvements
  • Large bar area has been unused for many years

Property Analytics

Current Use

Farolito Restaurant Restaurant

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Grocery & Convenience Store Acupuncture Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,452
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79601, TX

26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant property with a separate bar area, attached living quarters, and LI zoning supporting multiple hospitality uses.
Where is this conventional restaurant located?
The property is located at 209 Cottonwood Street Abilene, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑parcel restaurant property totaling 0.42 acres; Attached residence included with the restaurant improvements; Large bar area has been unused for many years
More about this property
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