Restaurant Property with Attached
209 Cottonwood Street Abilene, TX 79601
209 Cottonwood Street, Abilene, TX, 79601
$500,000
For Sale
$500,000
SINGLE_FAMILY - Abilene, TX
Lot Size0.42 Acres
Days on Market57
Property Features for 209 Cottonwood Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 54740
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Description
- OT ABILENE TIF #1, BLOCK 141, LOT 8 & 7 LESS
- Tax Annual Amount
- 1652
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Brick, WoodSiding
- Roof type
- Asphalt, Composition
Listing Agency
Barnett & Hill
(325) 677-3500
Abilene, TX
Listed by
John Hill · License #0627718
(325) 677-3500
Added: May 23 Checked: Jul 18 at 2:06 am
MLS# 21278692
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Investment Insights
Based on property information with market context.
This two-parcel property centers on an operating restaurant known as Farilito, with a large bar space that has been unused for many years. An attached family home is included in the listing, reflecting the property’s long history and legacy operation. The seller is also willing to convey the business and recipes as part of the overall offering, subject to separate consideration from the real estate transaction.
The property is zoned LI, which permits restaurants along with bars, taverns, lounges, and clubs serving alcohol for on-site consumption as zoned uses. The listing is presented as a single opportunity that combines the restaurant real estate with the option to acquire the business continuity through the conveyed materials and operating assets.
For a buyer or operator, the combination of restaurant space, a usable floorplan opportunity via the existing bar area, and an attached residence can support a hands-on ownership model or a redevelopment of the on-site guest experience while staying within the zoning permissions for restaurant and alcohol-serving uses. The included business and recipes may also appeal to those seeking to preserve the Farilito concept and operational knowledge alongside the real estate.
The property is zoned LI, which permits restaurants along with bars, taverns, lounges, and clubs serving alcohol for on-site consumption as zoned uses. The listing is presented as a single opportunity that combines the restaurant real estate with the option to acquire the business continuity through the conveyed materials and operating assets.
For a buyer or operator, the combination of restaurant space, a usable floorplan opportunity via the existing bar area, and an attached residence can support a hands-on ownership model or a redevelopment of the on-site guest experience while staying within the zoning permissions for restaurant and alcohol-serving uses. The included business and recipes may also appeal to those seeking to preserve the Farilito concept and operational knowledge alongside the real estate.
Key Highlights
- Two‑parcel property zoned LI, permitting restaurants and bars/taverns/lounges/clubs serving alcohol for on‑site consumption
- Includes Farilito, Abilene’s oldest continuously‑operated restaurant
- Restaurant space plus an attached family home included in the listing
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Farolito Restaurant
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Legacy restaurant site with a large bar area and an attached family home, zoned for on-site-serving restaurants and bars.
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: Two‑parcel property zoned LI, permitting restaurants and bars/taverns/lounges/clubs serving alcohol for on‑site consumption; Includes Farilito, Abilene’s oldest continuously‑operated restaurant; Restaurant space plus an attached family home included in the listing
