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Property summary
This 3,339 square foot bar, located at 382 Chestnut Street in Abilene, Texas, presents a unique owner-user investment opportunity. Originally built in 1922 and extensively renovated in 2017, the property boasts a wealth of recent upgrades including a monitored fire sprinkler system, updated HVAC, plumbing, electrical, windows, and doors. The interior and exterior have been freshly painted, and the property features a glass garage door with remote operator, a gas water heater, Bromic Platinum gas patio heaters, custom vinyl patio covers, epoxy floors, a walk-in cooler, an alarm system, and a video surveillance system. The bar itself features custom carpentered bar tops and cabinets, and a custom patio railing enhances the 1,160 square foot covered patio area. Asbestos abatement has been completed. The property is zoned CB (Central Business) and has ample parking. This turnkey operation, successfully running for four years, is located near the vibrant SoDa District, offering significant potential for continued growth. Financial information and inventory details are available to qualified buyers. The asking price is $550,000, with a price per square foot of $164.72. The property includes one single-story building on a lot with APN 18299.
Property profile
VerifiedCap rate & NOI
Current use
-
Bar & Pub
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Abilene market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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