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About This Home

This 0-bedroom, 0-bathroom commercial at 451 Pine Street in Abilene, TX is listed for $1,500,000. Built in 1954, on a 0.64 acres lot.

Agent Description

Broker-Owner offering a prime redevelopment opportunity on this vacant 97,151 square foot mixed use high-rise. This building sits in the heart of the city center and on the premier corner in the highly sought-after cultural district of downtown Abilene.

This property is in an Opportunity Zone, Tax Increment Reinvestment Zone – TIRZ, and is C-Pace eligible. May also meet requirements for a Historical Designation. Asbestos survey and current floor plan in hand. The structure boasts five floors of possibilities with retail and office units on the ground floor along with a parking garage that is approximately 10,000 sqft.

The building has traditionally been office and multi-functional space on floors 2 through 5. The adjacent building is the historic Windsor Hotel which has recently been renovated and offers 80 apartments with amenities, retail, bar, coffee shop, and more.

Other neighbors include the U.S. Post Office-Federal Building, First Financial Bank Headquarters, City Hall, Health Department, ACE Hardware, Dollar Tree, Abilene Convention Center, Double Tree by Hilton Hotel, multiple restaurants, bars, and shopping opportunities all within walking distance. There is limitless opportunity with this property with a rich history surrounding its formation. We are looking for someone with vision who can usher in a new chapter for this diamond in the rough.

Key Features

  • Built in 1954
  • 0.64 acre lot

Property Details

1954

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

451 Pine Street

Abilene, TX 79601

Ot Abilene

Property Details

Flooring

Concrete

Construction

BlockBrick

Parking

Garage

Heating

Other (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 451 Pine Street is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 0.64 acre lot.

This property is listed by David Tamez and can be reached at 3258291412 or kyletamez@gmail.com.

DT

David Tamez

Agent at White Buffalo Property sol LLC

(325) 829-1412

Listed by White Buffalo Property sol LLC · View on Broker Site

MLS# 20981297· Source: listhub· Updated today

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451 Pine Street, Abilene, TX 79601

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