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INVESTMENT HIGHLIGHTS
- Complete remodel in 2018
EXECUTIVE SUMMARY
Check out this beautiful & fully remodeled 3,340 square foot air-conditioned space with an additional 1,160 square foot heated covered patio in the SODA District. Renovations completed in 2018 include new plumbing, new roof, new HVAC, new electrical, new windows & new sprinkler system. The charm and character of the building was preserved with the original tin ceilings while bringing it up to date with two ADA compliant restrooms, catering kitchen, walk in cooler & other key features ideal for a variety of business uses. It currently operates as a bar called Amendment 21, but would be a great space for an attorney's office, bakery, various retail or small company headquarters. Great investment property due to the redevelopment in South Downtown Abilene. With nearby businesses such as The Mill, Abilene Axe, Oak Street Shoppe, KAO Lounge, Big Country Beer Garden & more, as well as numerous private & County offices nearby, this property has anchors to support value. Also, with the multi-million dollar renovations to the Old Taylor County Courthouse as well as the upcoming 3.5M construction project about to begin at 833 South 1st, the future is bright for The SODA District!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,339 SF
Building Class
B
Year Built/Renovated
1922/2018
Price
$690,980 CAD
Price Per SF
$206.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.70
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CB - Central Business
Parking
9 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18299 | Improvements Assessment | $474,362 CAD |
| Land Assessment | $14,465 CAD | Total Assessment | $488,827 CAD |
PROPERTY TAXES
Parcel Number
18299
Land Assessment
$14,465 CAD
Improvements Assessment
$474,362 CAD
Total Assessment
$488,827 CAD
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382 Chestnut St
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