Downtown Retail Buildings with
1274 N 2nd Street, Abilene, TX 79601
SINGLE_FAMILY - Abilene, TX
Type:Retail
Property size:
13,000 SFLot size:
0.36 AcresPrice / SF:
$107/SF- Added:
- Jun 5, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 15 at 5:06 am
Property Features for 1274 N 2nd Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- On Street, Parking Lot
- Standard status
- Active
- APN
- 13637
- Size
- 13,000 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Description
- OT ABILENE TIF #1, BLOCK 24, LOT E25 FT OF W8
- Tax Annual Amount
- 1588
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Linoleum, Concrete, Wood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Alex Whitten License #0661990 260-3563
Listing office Whitten Real Estate Abilene, TX (325) 238-5969
Listing date Jun 5, 2026
MLS# 21191423
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.
HighLights
- Three total parcels with two buildings plus a parking lot: approx. 9,500 sqft (buildings) and approx. 6,000 sqft (parking lot), per CAD
- Parking lot includes approximately 16 spaces, with on‑street and parking lot parking available
- Downtown Abilene property at a busy intersection between Abilene Public Library and First Baptist Church
- Zoned CB, offering flexibility for conversion to other business uses or multi‑use
- 1274 N 2nd: single‑story building with approx. 2,500 sqft (includes central heating and central air)
- 241 Hickory: two‑story building with approx. 7,000 sqft (brick construction; central heating and central air)
Overview
This offering includes three total parcels featuring two retail buildings and an adjacent parking lot. One building at 1274 N 2nd Street is single-story with approximately 2,500 square feet. The second building at 241 Hickory is two-story with approximately 7,000 square feet. Together, the buildings total approximately 9,500 square feet, and the parking lot adds approximately 6,000 square feet, with parking for approximately 16 spaces.
The property is positioned at a very busy intersection in downtown Abilene, located between the Abilene Public Library and First Baptist Church. The CB zoning is listed for the site.
For buyers seeking a centrally located retail property with on-site parking, this configuration provides multiple building options under one ownership. The CB zoning may support conversion or re-purposing into a range of business uses or multi-use applications, subject to applicable regulations. As a single offering with both structures and parking, it can also be considered for tenants or operators looking for visibility and practical access in the heart of downtown.
The property is positioned at a very busy intersection in downtown Abilene, located between the Abilene Public Library and First Baptist Church. The CB zoning is listed for the site.
For buyers seeking a centrally located retail property with on-site parking, this configuration provides multiple building options under one ownership. The CB zoning may support conversion or re-purposing into a range of business uses or multi-use applications, subject to applicable regulations. As a single offering with both structures and parking, it can also be considered for tenants or operators looking for visibility and practical access in the heart of downtown.
Local Financial Insights For Retail
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 | $171.6k | $13.20 |
| − Vacancy | −$13.7k | −$1.06 |
| EGI | $157.9k | $12.14 |
| − OpEx | −$47.4k | −$3.64 |
| NOI | $110.5k | $8.50 |
13,000 SF · lease $13.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.84M
NOI $110,510 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,174 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Abilene Printing & Stationery ...
Marketing & Advertising
Similar Places Nearby
- Floral Studio Event Design Boutique — 357 Walnut St, Abilene, TX 79601
- The Florist on Hickory Street — 931 Hickory St, Abilene, TX 79601
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.736261
- Latitude
- 32.450953
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Two downtown buildings plus a dedicated parking lot offer flexible CB-zoned space for a variety of uses.
Where is this storefront property located?
The property is located at 1274 N 2nd Street 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: Three total parcels with two buildings plus a parking lot: approx. 9,500 sqft (buildings) and approx. 6,000 sqft (parking lot), per CAD; Parking lot includes approximately 16 spaces, with on‑street and parking lot parking available; Downtown Abilene property at a busy intersection between Abilene Public Library and First Baptist Church
