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Versatile Commercial Venue in Abilene

550 S 11th Street, Abilene, TX 79602

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For Sale

$895,000

6,480 SF venue suitable for restaurant, retail, or office.

Type:Commercial

Property size:

6,480 SF

Price / SF:

$138/SF

HighLights

Spacious 6,480 sq ft property suitable for various commercial ventures.
Commercial kitchen with vent hood and fire suppression system.
Includes a bar, stage, and dance floor for events and entertainment.
Versatile open floor plan adaptable to different business needs.
Numerous bathrooms for customer/client convenience.
Paved parking lot.

We can help!

Listing Contact

Tommy Simons

Learn more

For Sale

$895,000

6,480 SF venue suitable for restaurant, retail, or office.

Type:Commercial

Property size:

6,480 SF

Price / SF:

$138/SF

Added:: Apr 22, 2026
Days on Market:: 58
Last Refresh:: Apr 22 at 5:25 pm

Property Features for 550 S 11th Street

General Information

Standard status: Active
Size: 6,480 SF
Property subtype: Commercial

Building Details

Year Built: 1993

We can help!

Listing Contact

Tommy Simons

Listing agent Tommy Simons

Listing office Tommy Simons (office)

Listing date Apr 22, 2026

Source Signaturere

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)

HighLights

Spacious 6,480 sq ft property suitable for various commercial ventures.
Commercial kitchen with vent hood and fire suppression system.
Includes a bar, stage, and dance floor for events and entertainment.
Versatile open floor plan adaptable to different business needs.
Numerous bathrooms for customer/client convenience.
Paved parking lot.

Overview

This 6,480-square-foot property presents a business opportunity suitable for various ventures, including a church, restaurant, retail space, or office. It features a commercial kitchen equipped with a vent hood and fire suppression system. The property also includes a bar, stage, and dance floor, making it suitable for events and entertainment. Numerous bathrooms and a versatile open floor plan allow for transformation to suit commercial endeavors, from retail to professional offices. A paved parking lot provides convenience for customers or clients.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$112.8k	$17.40
− Vacancy	−$16.9k	−$2.61
EGI	$95.8k	$14.79
− OpEx	−$24.0k	−$3.70
NOI	$71.9k	$11.09

6,480 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.03M

$898.5K – $1.20M (±1% cap)

NOI $71,879 @ 7.0% cap · market cap 8.03%

Second Best

Specialty Retail

$924.8K

$809.2K – $1.08M (±1% cap)

NOI $64,735 @ 7.0% cap · market cap 7.23%

Theoretical Best

Office A

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,275 @ 7.0% cap · market cap 11.32%

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

Location Intelligence

Current Use by Public Records

Harbison-Fischer Factory

Suggested Use

Similar Places Nearby

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

Location Insight

Map
Local Demand

City: Abilene
County: Taylor
State: Texas
Longitude: -99.7295756
Latitude: 32.4372633

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For sale
Restaurants
TX
Abilene
79602
550 S 11th Street

What type of property is this?

Restaurant - 6,480 SF venue suitable for restaurant, retail, or office.

Where is this restaurant located?

The property is located at 550 S 11th Street Abilene, TX.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Spacious 6,480 sq ft property suitable for various commercial ventures.; Commercial kitchen with vent hood and fire suppression system.; Includes a bar, stage, and dance floor for events and entertainment.