550 S 11Th St Abilene, TX 79602
For Sale
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This exceptional 6,480 square foot retail property, located at 550 S 11th St, Abilene, TX 79602, presents a turnkey opportunity for a variety of businesses. Built in 1993, this single-story building sits on a 0.635-acre lot (APN 20682) and is zoned GC. The property boasts a recent, comprehensive renovation, including ADA-compliant restrooms, two bars, a dance floor, a stage, and a $50,000 sound system. A fully equipped kitchen with a vent hood is also included. The HVAC system has been completely updated with six units, significantly reducing startup costs. The property's sprinkler system is serviced and up to code. Its prime location benefits from high traffic volume, further enhanced by the recent construction of the Abilene Animal Shelter next door. The seller is confident a parking agreement could be reached with the shelter for additional parking during evenings and weekends. This property is ideal for a restaurant, bar, or music venue. The asking price is $1,100,000, with a land value of $39.79/SF. The seller is open to selling the land and building without the included equipment. This is a rare chance to acquire a fully renovated, high-visibility commercial property in a thriving Abilene location.
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Harbison-Fischer Factory Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.