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Historic Restaurant and Bar Opportunity
For Sale
$500,000

209 Cottonwood Street, Abilene, TX 79601

Iconic restaurant property with bar and living space.

Property Size5,595 SF
Price / SF$89.37
Days on Market90

Property Features for 209 Cottonwood Street

General Information

Standard status Active
Size 5,595 SF
Property subtype Commercial
Zoning LI

Building Details

Building Size 5,595 SF
Year Built 1951
Units 1
Listing Agency: Barnett & Hill
Listed By: John Hill · License #0627718
Source: Vickiesteam
Added: May 27 Changed: Aug 23 Last Checked: Aug 22 at 4:12PM

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 property offers the opportunity to own a 90-year legacy with the purchase of 209 Cottonwood, the location of Abilene's oldest continuously-operated restaurant. The property includes a dining room, a kitchen, and a large bar space that has been unused for many years. Also included is the home of the family that operated the restaurant. The two-parcel property is zoned LI, which permits restaurants, bars, taverns, lounges, and clubs serving alcohol for on-site consumption. The total interior size is 5595 square feet. The owner is willing to convey the business and recipes along with the real estate.

Key Highlights

  • Includes Abilene's oldest continuously‑operated restaurant, Farilito.
  • LI zoning permits restaurants, bars, taverns, lounges, and clubs serving alcohol.
  • Business and recipes can be conveyed separately with the real estate.

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Iconic restaurant property with bar and living space.
Where is this conventional restaurant located?
The property is located at 209 Cottonwood Street Abilene, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Includes Abilene's oldest continuously‑operated restaurant, Farilito.; LI zoning permits restaurants, bars, taverns, lounges, and clubs serving alcohol.; Business and recipes can be conveyed separately with the real estate.
More about this property
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