Fully Remodeled Restaurant and Bar
382 Chestnut Street, Abilene, TX 79602
- Added:
- Dec 30, 2025
- Days on Market:
- 156
- Last Refresh:
- Jun 4 at 4:06 pm
Property Features for 382 Chestnut Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Offsite
- Security features
- Security
- Standard status
- Active
- APN
- 18299
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- OT ABILENE TIF #1, BLOCK 29, LOT E100 OF LT 6
- Tax Annual Amount
- 8018
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1922
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick, Concrete
Listing agent Timothy Smith License #0824681 (325) 677-3500
Listing office Barnett & Hill Abilene, TX (325) 677-3500
Listing date Dec 30, 2025
MLS# 20891944
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully remodeled 3,340 SF air‑conditioned building plus an additional 1,160 SF covered & heated patio in the SODA District.
- Renovations completed in 2018: new plumbing, roof, HVAC, electrical, windows, and sprinkler system.
- Heating includes central natural gas; cooling includes central air and electric.
- Two ADA compliant restrooms; catering kitchen and walk‑in cooler included.
- Preserved original tin ceilings; building construction materials include brick and concrete.
- Public water and public sewer; parking available on street and offsite.
Overview
This fully remodeled 3,340-square-foot, air-conditioned building includes an additional 1,160-square-foot covered and heated patio, along with improvements completed in 2018. Renovations feature new plumbing, a new roof, new HVAC, new electrical, new windows, and a new sprinkler system, while preserving the building’s original tin ceilings. The interior is designed for operations with two ADA compliant restrooms, a catering kitchen, and a walk-in cooler, supporting restaurant, bar, retail, or back-office use. The property currently operates as a bar known as Amendment 21.
Located at 382 Chestnut Street in the SODA District, the building sits among active local businesses such as The Mill, Abilene Axe, Oak Street Shoppe, KAO Lounge, Big Country Beer Garden, and other nearby retail and service concepts. The area also includes numerous private and County offices, providing steady daytime and customer traffic potential.
With its turn-key upgrades and flexible interior layout, the property is well suited for an owner-operator seeking a hospitality or entertainment location, or for a tenant group looking for a distinctive space that can convert to an attorney’s office, bakery, retail shop, or small company headquarters. The ongoing and planned investment in the district, including renovations to the Old Taylor County Courthouse and a construction project underway at 833 South 1st, adds support for long-term value.
Located at 382 Chestnut Street in the SODA District, the building sits among active local businesses such as The Mill, Abilene Axe, Oak Street Shoppe, KAO Lounge, Big Country Beer Garden, and other nearby retail and service concepts. The area also includes numerous private and County offices, providing steady daytime and customer traffic potential.
With its turn-key upgrades and flexible interior layout, the property is well suited for an owner-operator seeking a hospitality or entertainment location, or for a tenant group looking for a distinctive space that can convert to an attorney’s office, bakery, retail shop, or small company headquarters. The ongoing and planned investment in the district, including renovations to the Old Taylor County Courthouse and a construction project underway at 833 South 1st, adds support for long-term value.
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 | $58.1k | $17.40 |
| − Vacancy | −$8.7k | −$2.61 |
| EGI | $49.4k | $14.79 |
| − OpEx | −$12.3k | −$3.70 |
| NOI | $37.0k | $11.09 |
3,340 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$529.3K
$463.1K – $617.5K
NOI $37,049 @ 7.0% cap · market cap 7.48%
Second Best
Specialty Retail
$476.7K
$417.1K – $556.1K
NOI $33,367 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$745.7K
$652.5K – $870.0K
NOI $52,200 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Amendment 21
Bar & Pub
Similar Places Nearby
- Blu Barrel Bar & Grill — 2534 S Treadaway Blvd, Abilene, TX 79602
- Western Edge — 1841 S Treadaway Blvd, Abilene, TX 79602
- Koolerz Liquor Store — 2402 S Treadaway Blvd, Abilene, TX 79602
- Hour Glass Bar — 1532 Butternut St, Abilene, TX 79602
- Cabaret Club — 1918 Butternut St, Abilene, TX 79602
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.73432
- Latitude
- 32.445662
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Air-conditioned, fully updated building with ADA restrooms and a covered, heated patio—ready for multiple downtown concepts.
Where is this bar & pub located?
The property is located at 382 Chestnut Street Abilene, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully remodeled 3,340 SF air‑conditioned building plus an additional 1,160 SF covered & heated patio in the SODA District.; Renovations completed in 2018: new plumbing, roof, HVAC, electrical, windows, and sprinkler system.; Heating includes central natural gas; cooling includes central air and electric.
