Historic Retail
New
For Sale
$215,000
626 Grand Avenue, Abilene, TX 79605
SINGLE_FAMILY - Abilene, TX
Property Size1,066 SF
Lot Size0.15 Acres
Price / SF$201.69
Days on Market1
Property Features for 626 Grand Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning description
General Commercial
Parking features
Parking Lot, Alley, Driveway
Accessibility
Accessible Approach with Ramp
Subdivision
Park Heights Abi
Directions
Driving North down Sayles towards S 1st, turn Left on S 7th, Right on Grand Ave and the property will be on the left.
Standard status
Active
APN
31660
Size
1,066 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
PARK HEIGHTS ABL, BLOCK 2, LOT 11 & S16.6 OF 10
Legal Description
PARK HEIGHTS ABL, BLOCK 2, LOT 11 & S16.6 OF 10
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
FiberCement, Concrete, WoodSiding
Roof type
Composition
Listing Agency:
RE/MAX Big Country · RE/MAX International
(325) 750-6188
Listed By:
Brandi Smith · License #0581442
(325) 750-6188
Added: Aug 3
Last Checked: Aug 3 at 8:06PM
MLS# 21345689
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.
Investment Insights
Based on property information with market context.
This 1,066-square-foot storefront property at 626 Grand Avenue was built in 1925 and is currently operating as an antique store. Reported improvements include updated electrical and plumbing systems, central heating and air conditioning, a water heater, new flooring, and a concrete parking area. The building has fiber cement, concrete, and wood siding, vinyl flooring, a composition roof, and a handicap-accessible front entrance with ramp access.
The property occupies 0.151 acres in Abilene and is served by public water and public sewer. Parking is provided through a lot, driveway, and alley access. General Commercial zoning is in place; buyers should verify zoning and intended use with the City of Abilene. The building has also previously operated as a bookstore and hair salon.
The property occupies 0.151 acres in Abilene and is served by public water and public sewer. Parking is provided through a lot, driveway, and alley access. General Commercial zoning is in place; buyers should verify zoning and intended use with the City of Abilene. The building has also previously operated as a bookstore and hair salon.
Key Highlights
- 1,066‑square‑foot storefront property built in 1925
- 0.151‑acre site at 626 Grand Avenue in Abilene
- General Commercial zoning
Financial Insights For Retail
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 | $14.1k | $13.20 |
| − Vacancy | −$1.1k | −$1.06 |
| EGI | $12.9k | $12.14 |
| − OpEx | −$3.9k | −$3.64 |
| NOI | $9.1k | $8.50 |
1,066 SF · lease $13.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$129.5K
$113.3K – $151.0K
NOI $9,062 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.0K
$208.3K – $277.7K
NOI $16,660 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79605, TX
30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Team Flores — 200 Kirkwood St, Abilene, TX 79603
- Philpott Florist & Greenhouses — 1902 n 1st st, abilene, tx 79603
Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial building with an accessible entry, public utilities, and on-site parking.
Where is this storefront property located?
The property is located at 626 Grand Avenue Abilene, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,066‑square‑foot storefront property built in 1925; 0.151‑acre site at 626 Grand Avenue in Abilene; General Commercial zoning
