$399,900
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318 Cedar Street Abilene, TX 79601
7,013 Sqft Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Ot Abilene
MLS Listing ID 20673963
Sold Date 11/04/24
Total Fin. Sqft 5000
Year Built 1948
Annual Tax Amount $6,950
Lot Size 7,013 Sqft
Acres 0.161
Property Description
Downtown Abilene building, 2 blocks from the new downtown hotel and Abilene civic center. 13 offices, separate lobby, secure reception-office area, men's and women's bathrooms, 2 programmable AC units, Sound proof studio and ample storage. 4 parking spaces out front, 8 through rear entry with covered key code access with public parking close by. Entire building is well-insulated. Previously offices have been individually rented from $350-$550 depending on size. 9 offices are currently under individual lease with 4 currently vacant. Current Income is $4350 per month. With potential for an additional $1,600 per month.
Location
State TX
County Taylor
Zoning CB
Direction West on north first, right on cedar, Property is on the left.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Flat
Garage No
Building
Lot Description Interior Lot
Foundation Slab
Structure Type Brick
Others
Ownership SILVERTHORNE INVESTMENTS
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Eric Robirds • Traditions Real Estate Group