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382 Chestnut - Amendment 21 382 Chestnut St

3,339 SF Vacant Retail Building Abilene, TX 79602 $550,000 ($165/SF)

Investment Highlights

  • Centrally Located In South Downtown (also referred to as the SoDA District)
  • Completely Renovated Historic Building
  • Successfully Operated For The Last 4 Years

Executive Summary

Originally constructed in 1922, 382 Chestnut features 3,339 SF of conditioned space and 1,160 SF of covered patio. Zoned Central Business, Amendment 21 has operated successfully for the last 4 years. Updates to the property include: Asbestos Abatement, Monitored Fire Sprinkler System, HVAC, Plumbing, Electrical, Windows & Doors, Interior and Exterior Paint, Glass Garage Door with Remote Operator, Gas Water Heater, Bromic Platinum Gas Patio Heaters, Custom Vinyl Patio Covers, Epoxy Floors, Walk-in Cooler, Alarm System, Video Surveillance System, Custom Carpentered Bar & Cabinets, Custom Patio Railing. Located near the thriving SoDa District, this property is full of potential. Fully functioning turnkey business is also available for purchase. Inventory and financial information can be made available to financially qualified prospective buyers.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,339 SF
Year Built/Renovated
1922/2017
Price
$550,000
Price Per SF
$165
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.70
Land Acres
0.11 AC
Opportunity Zone
Yes
Zoning
CB - Central Business

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18299
Land Assessment
$10,313
Improvements Assessment
$348,493
Total Assessment
$358,806
  • Listing ID: 25153138

  • Date on Market: 10/30/2020

  • Last Updated:

  • Address: 382 Chestnut St, Abilene, TX 79602

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