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Restaurant Property with Attached Residence
For Sale
$399,000

209 Cottonwood St, Abilene, TX 79601

Two-parcel LI-zoned property includes dining, kitchen, and bar areas.

Property Size5,595 SF
Price / SF$71.31
Days on Market50

Property Features for 209 Cottonwood St

General Information

Standard status Active
Size 5,595 SF
Zoning LI

Building Details

Year Built 1951
Listing Agency: Barnett & Hill
Listed By: John Hill · License #0627718
Source: Heritance
Added: Jul 12 Changed: Aug 29 Last Checked: Aug 28 at 11:58AM

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 Barnett & Hill

Investment Insights

Based on property information with market context.

This 5,595-square-foot conventional restaurant property includes a dining room, kitchen, and a large bar area that has not been used for many years. An attached residence, formerly occupied by the operating family, is included with the restaurant. The improvements date to 1951.

The property consists of two parcels at 209 Cottonwood St in Abilene, Texas. LI zoning permits restaurants as well as bars, taverns, lounges, and clubs serving alcohol for on-site consumption as zoned uses. Separate from the real estate transaction, the owner is willing to convey the restaurant business and recipes with the property.

Key Highlights

  • 5,595 SF conventional restaurant property
  • Attached residence included with the restaurant
  • 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 - Two-parcel LI-zoned property includes dining, kitchen, and bar areas.
Where is this conventional restaurant located?
The property is located at 209 Cottonwood St 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: 5,595 SF conventional restaurant property; Attached residence included with the restaurant; Large bar area has been unused for many years
More about this property
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