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141 Oak

Abilene, Texas, 79602, United States

Property ID: #15670249 // Commercial // Source Status: Active
    / 32
Traditional Sale
List Price:
USD $1,300,000
Icon 13,500 ft²
Icon 0.16 acres
Icon - beds
Icon - baths
Address:
141 Oak
City:
Abilene
State:
Texas
Zip Code:
79602
County:
Taylor
Neighborhood:
Ot Abilene
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial, Retail
Year Built:
1923
Property Size:
13,500 ft²
Lot Size:
0.16 acres
Units:
4
Data Source:
North Texas Real Estate Information Systems (NTREIS)
MLS/Reference Number(s):
20976123
Source Status:
Active
Source Property Type:
Commercial Sale, Retail

Property Provided By

  • Timothy Smith
  • Barnett & Hill
  • +1 (325) 677-3500

Property Information

This beautifully renovated 13,500 sq.ft. building in the heart of South Downtown Abilene has four leasable spaces, three of which are leased & generating $6,926.00 base rents per month. The monthly lease amount jumps to $7,426.00 per month in September 2025 with potential for an additional $2,800 base rent per month once the fourth space is leased. The current tenants are two dance studios in the lower front & The Stairs bar and music venue upstairs. The remaining 3,375 sq. ft space is actively for lease (MLS #20792543). A new owner could occupy this remaining available space or lease to a new tenant & own the building as a more passive investment. All current leases are NNN. Improvements to the building include new roof, new HVAC, ADA restrooms in each space, new electrical, new plumbing, new windows, insulated ceiling tiles, new paint & new flooring. This is a great property in the up-and-coming SODA District (South Downtown Abilene). With the recent sale of 833 S. 1st as the future home of Angry Cactus Abilene & the sale of 901 S. 1st (Lauren Building), this property is a solid investment!

Directions

141 Oak Street in South Downtown Abilene between Oak Street Shoppe & Oak Street Arbor.

Source Disclaimer

North Texas Real Estate Information Systems (NTREIS)

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 18:58:51. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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