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Gloria's Grill 228 Chestnut St 2,175 SF Vacant Retail Building Abilene, TX 79602 $488,320 CAD ($224.51 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Daytime Foot and Vehicle Traffic and Across from the Courthouse
  • Vibrant and developing area in the Abilene SODA district.
  • Turnkey Operation, ready to operate as a restaurant.

EXECUTIVE SUMMARY

Turn your dream of restaurant ownership into reality with this well-known and established business located in Abilene’s thriving SODA District. Surrounded by active businesses and within walking distance of the very busy courthouse, this property enjoys steady lunch traffic and potential breakfast customers, with strong potential to expand into evening hours as the district continues to grow as Abilene’s social center. The sale includes both the business and the property. Conveying equipment includes a large vent-a-hood, grill, fryolator, commercial stove, steam table, three-bay sink, ice machine, and a nearly new walk-in refrigerator. Includes a separate office and storage building. The roof was replaced in 2014, and the HVAC system has been professionally serviced every six months. This is a rare opportunity to acquire a turn-key operation in one of Abilene’s most up-and-coming areas.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,175 SF
Building Class
C
Year Built
1891
Price
$488,320 CAD
Price Per SF
$224.51 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CB - Central Business
Frontage
25’ on Chestnut St

ABOUT 228 CHESTNUT ST , ABILENE, TX 79602

Historic Building constructed in 1891. Has been a well-loved restaurant for many years. Includes a separate office and storage building.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Gloria's Grill
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Gloria's Grill Health Care and Social Assistance - - -

NEARBY MAJOR RETAILERS

Prosperity Bank
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68639
Land Assessment
$11,013 CAD
Improvements Assessment
$414,134 CAD
Total Assessment
$425,147 CAD
  • Listing ID: 38006077

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 228 Chestnut St, Abilene, TX 79602

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