Mixed-Use Downtown Corner
702 N 2nd Street, Abilene, TX 79601
SINGLE_FAMILY - Abilene, TX
Type:Retail
Property size:
7,305 SFLot size:
0.16 AcresPrice / SF:
$174/SF- Added:
- Aug 1, 2025
- Days on Market:
- 308
- Last Refresh:
- Jun 4 at 9:06 pm
Property Features for 702 N 2nd Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Parking Lot, On Street
- Fireplace
- 1
- Standard status
- Active
- APN
- 73193
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- OT ABILENE TIF #1, BLOCK 17, LOT E/PT OF LTS
- Tax Annual Amount
- 13560
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Fireplace(s), Electric (Heating)
- Cooling system
- ENERGY STAR Qualified Equipment, Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Hardwood, Wood, Tile, Concrete
- Building materials
- AluminumSiding, Brick, Log, Concrete, WoodSiding
- Roof type
- Flat
Listing agent Jack Oduro (432) 682-2510
Listing office Moriah Brokerage Services TX (432) 682-2510
Listing date Aug 1, 2025
MLS# 21002070
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
- Approx. 7,305 SF downtown Abilene mixed‑use building with retail in front and nonprofit office space in the rear
- Front Porch Coffee Co. operates the front coffee shop; nonprofit office space is located in the rear
- Can be sold with a sale‑leaseback for immediate rental income or delivered vacant for an owner‑user
- High‑visibility corner location at 702 N 2nd Street in Downtown Abilene
- Central heating and central air, plus electric heating and fireplace(s)
- Public water and public sewer; flat roof; on‑site parking lot and on‑street parking
Overview
This mixed-use corner building is currently configured with a coffee shop in the front and nonprofit office space in the rear. The interior reflects an eclectic, modern design with an urban industrial aesthetic, supporting a destination feel for everyday visitors. The layout lends itself to operating as a combined retail and office environment, while still offering flexibility for a buyer who prefers to align uses or repurpose portions of the space. Options include a sale-leaseback for investors seeking immediate rental income or delivery vacant for an owner-user looking to establish operations in place.
Located on a high-visibility corner in Downtown Abilene at 702 N 2nd Street, the property benefits from a walkable, high-traffic setting. The current coffee operation draws visitors from nearby offices, churches, nonprofits, and local attractions, helping sustain consistent day-to-day demand. The building is approximately 7,305 square feet and sits on a 0.164-acre lot.
For investors, the existing blend of retail and office supports income-oriented strategies, including sale-leaseback arrangements. For owner-users, the property’s street presence and dual-use configuration can work well for a business that wants complementary front-of-house retail activity paired with back-office space.
Located on a high-visibility corner in Downtown Abilene at 702 N 2nd Street, the property benefits from a walkable, high-traffic setting. The current coffee operation draws visitors from nearby offices, churches, nonprofits, and local attractions, helping sustain consistent day-to-day demand. The building is approximately 7,305 square feet and sits on a 0.164-acre lot.
For investors, the existing blend of retail and office supports income-oriented strategies, including sale-leaseback arrangements. For owner-users, the property’s street presence and dual-use configuration can work well for a business that wants complementary front-of-house retail activity paired with back-office space.
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 | $127.1k | $17.40 |
| − Vacancy | −$19.1k | −$2.61 |
| EGI | $108.0k | $14.79 |
| − OpEx | −$27.0k | −$3.70 |
| NOI | $81.0k | $11.09 |
7,305 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,031 @ 7.0% cap · market cap 6.36%
Second Best
Mixed Use
$1.07M
$934.8K – $1.25M
NOI $74,785 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,168 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Front Porch Coffee ...
Cafe & Coffee Shop
Texas Commercial Epoxy ...
General Contractor
Similar Places Nearby
- Statesman Coffee Company — 802 S Treadaway Blvd, Abilene, TX 79602
- Grain Theory Coffee — 202 pine st 2nd floor, abilene, tx 79601
- Chestnut Bistro — 500 Chestnut St #101, Abilene, TX 79602
- Majestic — 181 Pine St, Abilene, TX 79601
- Juice bar at Gather — 806 s 2nd st, abilene, tx 79602
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.729355
- Latitude
- 32.45046
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - Front coffee retail and rear nonprofit office space create flexible options for investors or an owner-user in a high-visibility spot.
Where is this coffee shop located?
The property is located at 702 N 2nd Street Abilene, TX.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Approx. 7,305 SF downtown Abilene mixed‑use building with retail in front and nonprofit office space in the rear; Front Porch Coffee Co. operates the front coffee shop; nonprofit office space is located in the rear; Can be sold with a sale‑leaseback for immediate rental income or delivered vacant for an owner‑user
