Address
542 Hickory Street, Abilene, TX
Price
$ 1,100,000
Property Attributes
- MLS#20497371
- TypeCommercial
- CountyTAYLOR
- CityAbilene
- NeighborhoodOt Abilene
- Zip79601
- StyleOffice
- Year Built1959
- Taxes$ 10942
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.9 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
8,500 SF completely renovated office building in downtown Abilene. The property would need to be re-platted to include the main building, the small building on the west side of the property, and the parking lot down to the line in the first image. Approximately 330' x 120' or 0.90 acres of land underneath the building and parking lot. The building features 15 separately leased tenant spaces with only one space available as of 12.19.23. The previous tenant in the vacant space moved out 11.30.23. The small building on the west side of the property is expected to be leased in early 2024. Peacock Patio Bar and the parking lot to the west and south are not for sale. Landlord pays for insurance, taxes and utilities.
| Price History | |
|---|---|
| 12/19/2023 | Listed $1,100,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | Alley,Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected,Individual Water Meter |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Built-Up,Mixed |
| Year Built | 1959 |
| Tenant Pays | None |
| Business Type | Professional Office,Professional Service |
| Unexempt Taxes | 10942 |
| Building Use | Office |
| Owner Pays | All Utilities,Electricity,Gas,Grounds Care,Insurance,Sewer,Taxes,Trash Collection,Water |
| Will Subdivide | Yes |
| Gross Annual Expenses | 30800.00 |
| Property SubType | Office |
| Subdivision Name | Ot Abilene |
| Accessibility Features | Accessible Approach with Ramp |
| Zoning Description | Central Business |
| Insurance Expense | 16800 |
| County | Taylor |
| Property Type | Commercial Sale |
| Security Features | Fire Alarm,Firewall(s),Security System Leased |
| Construction Materials | Plaster,Stucco |
| Year Built Details | Preowned |
| Number Of Leaseable Spaces | 16 |
| Number Of Spaces Leased | 15 |
| Status | Active |
| Directions | From N 1st and Hickory,head north on Hickory. The property will be on the left. |
| City | Abilene |
| Buyer Agent Compensation | 2% |
| Street Name | Hickory |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20497371 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Luxury Vinyl Plank |
|---|---|
| Occupancy Rate | 94 |
| Total Stories | 2 |
| Total Units | 16 |
| SQFT Gross | 8500 |
| Lock Box Type | None |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Owner |
|---|---|
| Parking Features | Parking Lot |
| Lot Size | .5 to < 1 Acre |
| Foundation | Combination,Pillar/Post/Pier,Slab |
| Lot Size Area | 0.9000 |
| Lot Size Dimensions | 330'x120' |
| Lot Size Units | Acres |
| Building Area Total | 8500.00 |
| Lot Size Square Feet | 39204.0000 |
| Lot Size Acres | 0.9000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 79601
Price
Taxes
Visits
Year Built
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