Flex Space with Glass
509 S Treadaway Boulevard Abilene, TX 79602
509 S Treadaway Boulevard, Abilene, TX, 79602
$350,000
For Sale
$350,000
Recently renovated flex building with a full glass storefront and large garage door for versatile retail or service use.
Property Size2,086 SF
Price / SF$167.79
Days on Market82
Property Features for 509 S Treadaway Boulevard
General Information
- Standard status
- Active
- Size
- 2,086 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Tommy Simons (office)
(325) 721-8800
Listed by
Tommy Simons · License #0583499
(325) 721-8800
Source
Xome
Added: May 2 Updated: Jul 10 at 4:00PM Checked: Jun 15 at 1:34AM
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 recently renovated flex space was updated in 2021 and is designed for straightforward day-to-day operations. The interior includes durable epoxy flooring, a finished restroom, new climate control systems, and upgraded electrical. Access is supported by a large garage door, and the building features a full glass storefront that provides visibility from street level. An open layout throughout allows for flexible configurations to fit retail, office, service-based, or specialty commercial uses.
The property is located at 509 S Treadaway Boulevard in Abilene, on a north–south corridor described in the listing as one of the area’s most traveled routes. Daily traffic and curb visibility are further supported by the storefront presentation.
For tenants or buyers seeking a turn-key commercial footprint that can be adapted to different concepts, this building offers a practical combination of customer-facing frontage and functional access. With updated infrastructure elements already in place, it is well-suited for an operator looking to move in and configure the space for their specific needs. The listing also notes a newly installed PTO roof.
The property is located at 509 S Treadaway Boulevard in Abilene, on a north–south corridor described in the listing as one of the area’s most traveled routes. Daily traffic and curb visibility are further supported by the storefront presentation.
For tenants or buyers seeking a turn-key commercial footprint that can be adapted to different concepts, this building offers a practical combination of customer-facing frontage and functional access. With updated infrastructure elements already in place, it is well-suited for an operator looking to move in and configure the space for their specific needs. The listing also notes a newly installed PTO roof.
Key Highlights
- Recently renovated flex/commercial building (renovated in 2021)
- Full glass storefront plus an open interior layout for adaptable commercial use
- Large garage door for easy vehicle access
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 | $36.3k | $17.40 |
| − Vacancy | −$5.4k | −$2.61 |
| EGI | $30.9k | $14.79 |
| − OpEx | −$7.7k | −$3.70 |
| NOI | $23.1k | $11.09 |
2,086 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$330.6K
$289.2K – $385.7K
NOI $23,139 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$253.3K
$221.7K – $295.6K
NOI $17,733 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$465.7K
$407.5K – $543.4K
NOI $32,602 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Illuminate Painting
Construction Company
Caffey's Auto Glass
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Sodexo — 241 Pine St, Abilene, TX 79601
- Joe Allen's Catering — 1185 China St, Abilene, TX 79602
- Joe Allen's Pit Bar-B-Que — 301 S 11th St, Abilene, TX 79602
- Allen's Joe Lytle Bend Pvln — 301 S 11th St, Abilene, TX 79602
- Haley Jo on the Go — 244 Pine St, Abilene, TX 79601
FAQs
What type of property is this?
Flex space - Recently renovated flex building with a full glass storefront and large garage door for versatile retail or service use.
Where is this flex space located?
The property is located at 509 S Treadaway Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Recently renovated flex/commercial building (renovated in 2021); Full glass storefront plus an open interior layout for adaptable commercial use; Large garage door for easy vehicle access
