Versatile Commercial Space in
1917 S 20th Street Abilene, TX 79602
For Sale
$325,000
Adaptable commercial property with drive-through capability in South Abilene, TX.
Property Size3,100 SF
Price / SF$104.84
Days on Market97
Property Features for 1917 S 20th Street
General Information
- Standard status
- Active
- Size
- 3,100 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing Agency:
Coldwell Banker Apex, REALTORS
(325) 690-4000
Listed By:
Chad Chaney · License #0588387
(325) 725-6641
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 23 at 8:44AM
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
This commercial space in South Abilene, TX, presents an opportunity for establishing a business in a versatile commercial property. Located on a corner lot, the property combines infrastructure with strategic positioning. The brick exterior and multiple ingress and egress points provide accessibility and visibility. The interior layout features a central hub room, suitable for collaborative workspaces or customer interactions, surrounded by 6-8 smaller rooms that can serve as offices, consultation areas, or private meeting spaces. The property includes two restrooms and a breakroom. Four doors facilitate movement within the premises. The exterior offers 2-3 lane drive-through capability, suitable for businesses requiring quick service or drop-off solutions such as QSRs, delivery, or retail establishments. Alley access and an asphalt parking lot provide access for visitors and staff. The location adjacent to Bowie Elementary provides visibility and customer traffic, while accessibility to the south shopping district on Buffalo Gap Road enhances its appeal. This commercial property lends itself to a variety of uses, including office space, retail outlets, delivery and drop-off services, or a restaurant or quick-service restaurant (QSR). The property offers 3100 square feet of space.
Key Highlights
- Prominent corner lot location in South Abilene with high visibility and accessibility.
- Versatile layout featuring a spacious central hub room and 6‑8 smaller rooms suitable for various business needs.
- 2‑3 lane drive‑through capability ideal for QSRs, delivery, or retail businesses.
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 | $40.9k | $13.20 |
| − Vacancy | −$3.3k | −$1.06 |
| EGI | $37.6k | $12.14 |
| − OpEx | −$11.3k | −$3.64 |
| NOI | $26.4k | $8.50 |
3,100 SF · lease $13.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$376.5K
$329.4K – $439.2K
NOI $26,352 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$692.1K
$605.6K – $807.5K
NOI $48,449 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hay Good Lookin’ ...
Hair Salon
Nails by Autumn ...
Spa & Massage Center
ChrispyClean
Hair Salon
TX Roots Salon ...
Hair Salon
Similar Off Market Nearby
- BloominDales Floral Design — 2602 Barrow St B, Abilene, TX 79605
FAQs
What type of property is this?
Storefront property - Adaptable commercial property with drive-through capability in South Abilene, TX.
Where is this storefront property located?
The property is located at 1917 S 20th Street Abilene, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prominent corner lot location in South Abilene with high visibility and accessibility.; Versatile layout featuring a spacious central hub room and 6‑8 smaller rooms suitable for various business needs.; 2‑3 lane drive‑through capability ideal for QSRs, delivery, or retail businesses.
