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$225,000
Est. payment /mo
0.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Sambos Restaurant Inc
MLS Listing ID 21288484
Total Fin. Sqft 5064
Year Built 1983
Annual Tax Amount $16,001
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Retail
Property Description
Former Grandy's Restaurant offering an excellent redevelopment and rehabilitation opportunity in one of Abilene's most recognizable commercial corridors. With strong traffic counts, excellent visibility, and a well-built existing structure, this property is ready for someone with a vision.
Recent improvements include replaced flat TPO roof, additional roofing repairs, and the replacement of several windows, helping eliminate two of the larger capital expenses. While the property will still require significant electrical work before it can be placed back into service, much of the existing infrastructure remains in place.
Former restaurant features such as the drive-thru, walk-in freezer and cooler areas, commercial kitchen infrastructure, and other restaurant improvements may provide meaningful value for a future restaurant user while also offering flexibility for a variety of other commercial concepts. Retail, office, medical, or specialty uses may also be worth exploring, subject to buyer verification and applicable approvals.
For buyers seeking an existing commercial building with strong fundamentals and the flexibility to create their own vision. Repurposing an existing structure can often provide advantages in both cost and timeline when compared to new construction.
Recent improvements include replaced flat TPO roof, additional roofing repairs, and the replacement of several windows, helping eliminate two of the larger capital expenses. While the property will still require significant electrical work before it can be placed back into service, much of the existing infrastructure remains in place.
Former restaurant features such as the drive-thru, walk-in freezer and cooler areas, commercial kitchen infrastructure, and other restaurant improvements may provide meaningful value for a future restaurant user while also offering flexibility for a variety of other commercial concepts. Retail, office, medical, or specialty uses may also be worth exploring, subject to buyer verification and applicable approvals.
For buyers seeking an existing commercial building with strong fundamentals and the flexibility to create their own vision. Repurposing an existing structure can often provide advantages in both cost and timeline when compared to new construction.
Location
State TX
County Taylor
Zoning GR
Direction From N. 1st Street turn North on Westwood Dr. Property will be on your right.
Interior
Heating Electric
Cooling Ceiling Fan(s), Electric
Flooring Concrete, Tile
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Roof Type Flat
Garage No
Building
Foundation Slab
Structure Type Brick,Concrete,Other
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21288484
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Listed by Shay Senter • Better Homes & Gardens Real Estate Senter, REALTORS
NEARBY SCHOOL & BUSINESS
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