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    3650 6Th St Abilene, TX 79603

    For Sale
    $550,000

    Established Restaurant/Bar, 12,685 SF, Texas

    Property size:
    12,685 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a thriving restaurant and bar located at 3650 N 6th St, Abilene, Texas, 79603. The property boasts a substantial 12,685 square feet of space, situated on a 0.73-acre lot. Built in 1958, the building is zoned GR and features a triple-net (NNN) lease structure with a single tenant. The current lease commenced on April 30th, 2023, and expires on April 29th, 2026, leaving approximately 1.4 years remaining. Lease options are available. The asking price is $550,000, translating to a price per square foot of $33.50. The property includes ample parking with over 20 spaces. Beyond the primary restaurant and bar, the property also includes an attached retail strip center with two additional suites, offering potential for expansion or additional income streams. This centrally located Abilene business enjoys high visibility and is well-positioned to capitalize on the area's thriving commercial activity. The property's size, established tenant, and prime location make it an attractive investment for discerning buyers seeking a strong return. This is a rare opportunity to acquire a well-established and profitable business in a desirable Texas market.

    Property Features for 3650 6Th St

    General Information

    Property type
    Restaurants
    Square Feet
    12,685 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1958

    HighLights

    • Thriving restaurant and bar with attached retail space totaling 12,685 square feet on a 0.73‑acre lot in Abilene, TX.
    • Triple‑net (NNN) lease with approximately 1.4 years remaining, with lease options available. Asking price: $550,000 ($33.50/SF).
    • Centrally located with high visibility and ample parking (20+ spaces).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Abilene
    County
    Taylor
    State
    Texas
    Longitude
    -99.7677815
    Latitude
    32.4553054

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant/Bar, 12,685 SF, Texas
    Where is this restaurant located?
    The property is located at 3650 6Th St Abilene, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Thriving restaurant and bar with attached retail space totaling 12,685 square feet on a 0.73-acre lot in Abilene, TX.; Triple-net (NNN) lease with approximately 1.4 years remaining, with lease options available. Asking price: $550,000 ($33.50/SF).; Centrally located with high visibility and ample parking (20+ spaces).
    Request Owner's contact information
    3650 6Th St Abilene, TX 79603
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    Abilene, TX 79603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3650 6Th St Abilene, TX 79603
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