901 1st St Abilene, TX 79601-5903

Property Details for 901 1st St

Year built

1916

Lot size

0.88 lot acres

Property size

13,968 SF

Property type

Commercial real estate

APN

A0730000204

APU

A0730000204

Description

This exceptional four-story office building, totaling 45,252 square feet of net rentable space, presents a remarkable investment opportunity in Abilene, Texas. Located at 901 S 1st St, this Class B property boasts a prime location with excellent visibility and accessibility. Built in 1922 with a significant 2006 renovation and expansion to the west side, the building offers a blend of historic charm and modern functionality. The property features a mix of executive offices, open spaces, and ample room for customization to suit diverse business needs. Each floor includes convenient elevator access and restrooms. Parking is abundant, including a dedicated lot with 29 spaces (CAD Parcel ID #57276) and significant additional public and street parking nearby. Currently vacant, this 1-unit building sits on a 0.323-acre lot (APN: 57132 & 57276) and is zoned CB. Priced at $1,500,000 ($33.15/sq ft), this property offers significant value, particularly considering its size and location. The building is largely in good condition, requiring only typical updates such as electrical and HVAC repairs, along with cosmetic improvements like flooring and paint. This presents an ideal opportunity for owner-users seeking to occupy a portion of the space while leasing the remainder for additional income. The property's location within a developing area suggests strong potential for long-term appreciation and revenue growth.

Location Insight

City

Abilene

County

Taylor

State

Texas

Longitude

-99.7323

Latitude

32.4492

CBSA code

10180

CBSA name

ABILENE, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments