451 Pine Street, Abilene, TX

$1,500,000

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0.64

Acres

About 451 Pine Street

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.

Features of 451 Pine Street

MLS® # 20981297
Price $1,500,000
Bathrooms 0.00
Acres 0.64
Year Built 1954
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 451 Pine Street
Subdivision Ot Abilene
City Abilene
County Taylor
State TX
Zip Code 79601-5150

Amenities

Utilities Alley, Asphalt, City Sewer, City Water
Garages Garage, 2-Car Double Doors, Garage Faces Rear, Garage Faces Side
Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
# of Stories 5
Stories 5

Exterior

Roof Tar/Gravel
Construction Block, Brick
Foundation Slab

Additional Information

Zoning CB

Listing Details

AgentDavid Tamez
OfficeWhite Buffalo Property sol LLC
Contact Info325-829-1412

Listing Map