1305 S 1St St Abilene, TX 79602

Property Details for 1305 S 1St St

Year built

1940

Lot size

0.22 lot acres

Property size

8,309 SF

Property type

Commercial real estate

APN

70100055800

APU

70100055800

Description

This exceptional investment opportunity presents two historic buildings totaling 27,569 square feet of commercially zoned space in downtown Abilene, Texas. Located at 1305 S 1st St, this property boasts a prime location at the intersection of Butternut Street and South 1st Street, offering high visibility and easy access to major roadways. The buildings, constructed in 1919 and 1935, feature updated electrical systems and roofing. One building offers office spaces and indoor parking garages with ample vehicle capacity and a 12-foot overhead garage door. The other building serves as a retail hub with storefront, warehouse space, and additional overhead garage doors, plus two unfinished upper floors ready for development. The property includes approximately 30 parking spaces, with potential for additional indoor parking. This versatile property is ideal for investors or end-users seeking to capitalize on Abilene's growing market and downtown revitalization efforts. Its proximity to the SODA district and other downtown attractions further enhances its appeal. The 0.37-acre lot offers a significant footprint in a thriving urban setting. The asking price is $1,250,000, with a price per square foot of $45.34. This three-story complex presents a unique opportunity to own a piece of Abilene's history and participate in its continued growth. The property is considered a historic landmark by the City of Abilene.