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Investment Highlights

  • Priced at $350,000 with approximately $3,000/month in current rent; attractive entry-level multi-tenant investment with immediate cash flow.
  • Mix of residential and commercial use: three occupied residential units plus a former auto-sales building with N 1st frontage.
  • Three buildings on two neighboring parcels at the corner of N 1st Street and Victoria Street in Abilene, TX

Executive Summary

Priced at $350,000 and generating approx. $3,000/month in rent from the residential rentals, this three-building, two-parcel portfolio at N 1st & Victoria offers an affordable, cash-flowing entry into multi-tenant ownership. Two occupied residential structures plus a former used car lot that has a third occupied residential unit attached to it. With N 1st frontage provide diversified income and a clear value-add path through repositioning or re-tenanting the commercial building. Corner visibility and easy access make this a strong fit for a local owner-operator or investor seeking small-scale mixed-use upside

Property Facts

Price $495,778 CAD
Price / SF $229.53 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 9%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,160 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
1940 N 1st St, Abilene, TX 79603 Office 2,160 SF 1950 -
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  • Listing ID: 41237714

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: Mixed-Use / Multi Tenant Portfolio, Abilene, TX

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