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141 Oak St 13,500 SF 100% Leased Retail Building Abilene, TX 79602 $1,814,696 CAD ($134.42 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Fully renovated in 2021 with new roof, ADA restrooms, windows, electrical and plumbing
  • 4 leasable spaces under one roof
  • Prime location in South Downtown Abilene (SODA District)

EXECUTIVE SUMMARY

This beautifully renovated 13,500 sq.ft. building in the heart of South Downtown Abilene has four leasable spaces, three of which are leased & generating $6,926.00 base rents per month. The monthly lease amount jumps to $7,426.00 per month in September 2025 with potential for an additional $2,800 base rent per month once the fourth space is leased. The current tenants are two dance studios in the lower front & The Stairs bar and music venue upstairs. The remaining 3,375 sq. ft space is actively for lease (MLS #20792543). A new owner could occupy this remaining available space or lease to a new tenant & own the building as a more passive investment. All current leases are NNN. Improvements to the building include new roof, new HVAC, ADA restrooms in each space, new electrical, new plumbing, new windows, insulated ceiling tiles, new paint & new flooring. This is a great property in the up-and-coming SODA District (South Downtown Abilene). With the recent sale of 833 S. 1st as the future home of Angry Cactus Abilene & the sale of 901 S. 1st (Lauren Building), this property is a solid investment!
Public Driving Directions: 141 Oak Street in South Downtown Abilene between Oak Street Shoppe & Oak Street Arbor.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,500 SF
Building Class
B
Year Built
1923
Price
$1,814,696 CAD
Price Per SF
$134.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.94
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CB - Central Business Zoning
Frontage
50’ on OAK ST

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 3,375 SF
  • Retail
  • -
  • 30 Days

This beautiful building was completely renovated several years ago & awaits the right concept! Original brick walls, stained concrete, charming storefront with glass overhead door and ready to go ADA compliant restrooms are some of the key features of this unique space. The possibilities are endless for this 3,375 square foot space located in the heart of the SODA District next door to KAO Lounge, below The Stairs and across from the new, full-service restaurant called Big Country Beer Garden. Other nearby businesses include SODA District Courtyard, Oak Street Arbor Venue, The Mill, Amendment 21, Oak Street Shoppe, Prep Academy Dance Studio, Abilene Axe Company, Primal Brewing Company and Fromage & Honey. Join the growing synergy and bring this space to life with your concept! Retail or office possibilities are endless! Restaurant, bakery, event venue, martial arts studio, entertainment concept, fitness center or yoga studio are just a few other concept possibilities for this versatile space!

Space Size Space Use Position Available
1st Floor 3,375 SF Retail - 30 Days

1st Floor

Size
3,375 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 3,375 SF
Space Use Retail
Position -
Available 30 Days

This beautiful building was completely renovated several years ago & awaits the right concept! Original brick walls, stained concrete, charming storefront with glass overhead door and ready to go ADA compliant restrooms are some of the key features of this unique space. The possibilities are endless for this 3,375 square foot space located in the heart of the SODA District next door to KAO Lounge, below The Stairs and across from the new, full-service restaurant called Big Country Beer Garden. Other nearby businesses include SODA District Courtyard, Oak Street Arbor Venue, The Mill, Amendment 21, Oak Street Shoppe, Prep Academy Dance Studio, Abilene Axe Company, Primal Brewing Company and Fromage & Honey. Join the growing synergy and bring this space to life with your concept! Retail or office possibilities are endless! Restaurant, bakery, event venue, martial arts studio, entertainment concept, fitness center or yoga studio are just a few other concept possibilities for this versatile space!

NEARBY MAJOR RETAILERS

Prosperity Bank
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58259
Land Assessment
$29,314 CAD (2025)
Improvements Assessment
$1,175,736 CAD (2025)
Total Assessment
$1,205,050 CAD (2025)
  • Listing ID: 36597104

  • Date on Market: 2025-07-03

  • Last Updated:

  • Address: 141 Oak St, Abilene, TX 79602

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