For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Abilene Executive Office Building Title is generated by Realmo AI

    441 Butternut St, Abilene, TX 79602

    View on Map
    Claim this Listing
    For Sale
    $525,000

    Two-story office building with modern amenities and historical character.

    Property size:
    3,300 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $159/SF
    Added:
    Jan 10, 2026
    Days on Market:
    160
    Last Refresh:
    Jan 11 at 10:49 am

    Property Features for 441 Butternut St

    General Information

    Standard status
    Active
    Size
    3,300 SF
    Lot size
    0.32 Acres

    We can help!

    Listing Contact
    Eric Robirds
    Eric Robirds

    Listing agent Eric Robirds License #0616019

    Listing office Traditions Real Estate Group

    Listing date Jan 10, 2026

    Source Exprealty

    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 Traditions Real Estate Group

    HighLights

    • Downtown Abilene location.
    • 3,300 sqft executive office building.
    • 7 Private offices, multiple cubicle workstations, and large conference room.
    • Parking for 15‑20 vehicles.
    • Security Foyer‑reception area.
    • Historical building with modern amenities.

    Overview

    This two-story executive office building is located in downtown Abilene. Originally a fire station, the historical building features modern amenities and character. The layout includes 7 private offices, multiple cubicle workstations, and a large conference room. A security foyer and reception area provide added security and privacy. The property also contains 3 bathrooms and a break room area. Parking is available for 15-20 vehicles. The building has 3,300 square feet.

    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 $57.4k $17.40
    − Vacancy −$8.6k −$2.61
    EGI $48.8k $14.79
    − OpEx −$12.2k −$3.70
    NOI $36.6k $11.09
    3,300 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $522.9K
    $457.6K – $610.1K (±1% cap)
    NOI $36,605 @ 7.0% cap · market cap 6.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $736.8K
    $644.7K – $859.6K (±1% cap)
    NOI $51,575 @ 7.0% cap · market cap 9.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lewis J D Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7377
    Latitude
    32.4449

    FAQs

    What type of property is this?
    Office building - Two-story office building with modern amenities and historical character.
    Where is this office building located?
    The property is located at 441 Butternut St Abilene, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Downtown Abilene location.; 3,300 sqft executive office building.; **7 Private offices, multiple cubicle workstations, and large conference room.**
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message