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473 Cypress St
Abilene, TX 79601 Downtown Abilene

$975,000 USD

Loft Creative Space For Sale • 14,000 SF

Property Details

Property Type Loft Creative Space
Total Building Size 14,000 SF
Lot Size 0.16 AC
Building Class C
Year Built 1954
Cap Rate 7.72 %
Tenancy Multiple

0 Transit Score

60 Walk Score

                
                    Highlights
                
                                Fully Leased with Value Add Potential
                            
                                Strategically located in Downtown Abilene on the corner where new city improvements are planned
                            
                                Walking distance to DoubleTree Hotel & Convention Center 
                            
                                (24) Private Offices 
                            
                                (2) Conference Rooms
                            
                                (3) Classrooms | (3) Breakrooms

Property Flyers

473 Cypress Street Flyer

Financial Summary (Actual)

Net Operating Income: $75,292 USD (2024)

Cap Rate:	7.72 %
Total Expenses:	$44,484 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Texas EMS School	6,000 SF	3/31/2030

Public Transportation

Airport	Drive	Walk	Distance
Abilene Regional	12 min	-	5.8 mi

Jack Oduro 512-977-8596 Moriah Group

473 Cypress St Abilene, TX 79601 Downtown Abilene