Office and Event
For Sale
$750,000
2180 Maple Street, Abilene, TX 79602
Office and event venue with renovated offices and outdoor area.
Property Size2,151 SF
Price / SF$348.68
Days on Market102
Property Features for 2180 Maple Street
General Information
Standard status
Active
Size
2,151 SF
Property subtype
Commercial
Building Details
Year Built
1981
Listing Agency:
Tommy Simons (office)
(325) 695-3730
Listed By:
Tommy Simons · License #0583499
(325) 721-8800
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 19 at 5:02AM
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 Tommy Simons (office)
Investment Insights
Based on property information with market context.
This property features both office and event venue spaces. The venue is equipped with a kitchen, grills, smokers, a bar, and three sliding door coolers. Tables and chairs are included, along with an air-conditioned bathroom. The venue space has been used for family reunions, parties, weddings, and fundraisers, and currently rents for $1000 per day. The office area includes five renovated executive offices, a conference area, a break area, and a kitchenette. There is a parking lot behind the main building. The property has a well-appointed outdoor area. The total property size is 2151 square feet.
Key Highlights
- Ready‑to‑operate office and event venue suitable for a variety of businesses.
- Fully equipped venue with kitchen, grills/smokers, bar, and three sliding door coolers.
- Includes five renovated executive offices, conference area, break area, and kitchenette.
Financial Insights For Office B
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 | $37.4k | $17.40 |
| − Vacancy | −$5.6k | −$2.61 |
| EGI | $31.8k | $14.79 |
| − OpEx | −$8.0k | −$3.70 |
| NOI | $23.9k | $11.09 |
2,151 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$340.9K
$298.3K – $397.7K
NOI $23,860 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$480.3K
$420.2K – $560.3K
NOI $33,618 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 79602, TX
25,389
Population
11,127
Households
2.3
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
121.7 sq mi
ZIP Area
209
Density / Sq Mi
$84,845
Median Household Income
$39,044
Median Earnings
$1,123
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Office and event venue with renovated offices and outdoor area.
Where is this wedding venue located?
The property is located at 2180 Maple Street Abilene, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Ready‑to‑operate office and event venue suitable for a variety of businesses.; Fully equipped venue with kitchen, grills/smokers, bar, and three sliding door coolers.; Includes five renovated executive offices, conference area, break area, and kitchenette.
