Office and Event
2180 Maple Street Abilene, TX 79602
2180 Maple Street, Abilene, TX, 79602
$750,000
For Sale
$750,000
Office and event venue with renovated offices and outdoor area.
Property Size2,151 SF
Price / SF$348.68
Days on Market91
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 Updated: Jul 10 at 1:18PM 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.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Backyard At TMI
Hotel & Motel
TMI Advertising Agency
Marketing & Advertising
Similar For Sale Nearby
FAQs
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.
