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Restaurant With Office And Storage
For Sale
$350,000

228 Chestnut Street, Abilene, TX 79602

COMMERCIAL - Abilene, TX

Property SizeContact for details
Lot Size0.08 Acres
Days on Market49

Property Features for 228 Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CB
Parking features On Street
Subdivision Ot Abilene
Directions Chestnut to 228 across from the court house.
Standard status Active
APN 68639
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description OT ABILENE, BLOCK 12, LOT N/2 OF 2, TIF#1
Tax Annual Amount 4292
Legal Description OT ABILENE, BLOCK 12, LOT N/2 OF 2, TIF#1

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1891
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Block
Roof type Composition
Listing Agency: Tommy Simons (office)
Listed By: Tommy Simons · License #0583499
Added: Jul 12 Changed: Aug 7 Last Checked: Aug 29 at 1:06AM
MLS# 21082493

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 offering combines an operating restaurant business with its underlying real estate on a 0.08-acre parcel. The 1891 building has block construction, concrete flooring, central heating and cooling, a composition roof, and public water and sewer. The sale includes a separate office and storage building, along with a large vent-a-hood, grill, fryolator, commercial stove, steam table, three-bay sink, ice machine, and a nearly new walk-in refrigerator.

Located in Abilene’s SODA District, the property is within walking distance of the courthouse and surrounded by active businesses. On-street parking serves the site. The roof was replaced in 2014, and the HVAC system has received professional service every six months.

Key Highlights

  • Restaurant business and real estate conveyed together
  • 0.08‑acre parcel with a separate office and storage building
  • Kitchen equipment includes vent‑a‑hood, grill, fryolator, stove, steam table, three‑bay sink, ice machine, and walk‑in refrigerator

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Pharmacy Real Estate Agency Garden Center Veterinary Clinic Gym & Fitness Center

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

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,619
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79602, TX

25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Sale includes the operating business, real estate, and commercial kitchen equipment.
Where is this conventional restaurant located?
The property is located at 228 Chestnut Street Abilene, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Restaurant business and real estate conveyed together; 0.08‑acre parcel with a separate office and storage building; Kitchen equipment includes vent‑a‑hood, grill, fryolator, stove, steam table, three‑bay sink, ice machine, and walk‑in refrigerator
More about this property
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