Downtown Abilene Commercial Building For
1031 N 6th Street Abilene, TX 79601
For Sale
$475,000
Prime commercial building in downtown Abilene with modern upgrades.
Property Size1,500 SF
Price / SF$316.67
Days on Market97
Property Features for 1031 N 6th Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
Whitten Real Estate
(325) 238-5969
Listed By:
Bubba Weckwerth · License #0731718
(325) 669-4247
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 10:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitten Real Estate
Investment Insights
Based on property information with market context.
Located in the heart of downtown Abilene, this commercial building offers high visibility and foot traffic, situated half a block east of the DoubleTree Hotel and directly south of the Abilene Convention Center. The property underwent a comprehensive renovation approximately ten years ago, including new electrical, plumbing, HVAC, windows, roof, paint, flooring, lighting, insulation, and an ADA-compliant restroom. The 1500 square foot space is clean, efficient, and functional, ready to support various businesses without immediate improvements. Zoned Central Business, the property benefits from flexible land-use options. Potential uses include retail, medical, professional office, standard or fast-food restaurant, personal services, printing operations, indoor repair and maintenance, school, church, day care, trade school, and liquor store. The location is surrounded by downtown revitalization, hotels, restaurants, entertainment venues, and major civic attractions. This property is suitable for establishing a storefront, opening a high-traffic service location, or securing a strategic asset in Abilene's downtown corridor.
Key Highlights
- Prime downtown location with high visibility and foot traffic near the DoubleTree Hotel and Abilene Convention Center.
- Comprehensive renovation approximately 10 years ago including new electrical, plumbing, HVAC, windows, roof, and ADA‑compliant restroom.
- Flexible Central Business zoning allows for a wide range of business uses (retail, medical, restaurant, office, etc.).
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $17.40 |
| − Vacancy | −$3.9k | −$2.61 |
| EGI | $22.2k | $14.79 |
| − OpEx | −$5.5k | −$3.70 |
| NOI | $16.6k | $11.09 |
1,500 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$237.7K
$208.0K – $277.3K
NOI $16,639 @ 7.0% cap · market cap 3.50%
Second Best
Retail
$182.2K
$159.4K – $212.5K
NOI $12,751 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K
NOI $23,443 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Board & Brush Creative ...
Hardware & Home Improvement
Similar Off Market Nearby
- Floral Studio Event Design Boutique — 357 Walnut St, Abilene, TX 79601
- Philpott Florist & Greenhouses — 1902 n 1st st, abilene, tx 79603
- The Florist on Hickory Street — 931 Hickory St, Abilene, TX 79601
FAQs
What type of property is this?
Storefront property - Prime commercial building in downtown Abilene with modern upgrades.
Where is this storefront property located?
The property is located at 1031 N 6th Street Abilene, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Prime downtown location with **high visibility and foot traffic** near the DoubleTree Hotel and Abilene Convention Center.; Comprehensive renovation approximately 10 years ago including new electrical, plumbing, HVAC, windows, roof, and ADA‑compliant restroom.; Flexible Central Business zoning allows for a wide range of business uses (retail, medical, restaurant, office, etc.).
