473 Cypress St

For Sale

473 Cypress St, Abilene, TX 79601

This Abilene property for sale is located at 473 Cypress St. The general use of 473 Cypress St is office and it incorporates 14,000 square feet of class B office space. The current listed sale price for 473 Cypress St is $875,000. 473 Cypress St is situated on a lot that is 0.15 acre in size.

Contacts

broker

Jack Oduro

Moriah Brokerage Services

(512) 977-8596

Property Details

  • Property Type Office - General Office
  • Property Size 14,000 SF
  • Units 25
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1954
  • Date Updated Apr 1, 2024
Located in the heart of Abilene's historic downtown street of Cypress Street, this fully leased property has a rich history setting only a few minutes walk from the famous Abilene Convention Center. It is adjacent the first financial building and across the street from the newly completed Double Tree by Hilton hotel in Abilene. As the city plans it's expansion of Cypress Street and the main strip of downtown Abilene, this property is made even more valuable sitting on the corner of Cypress and North 5th street.Welcome to 473 Cypress Street, a historic masterpiece nestled in the heart of downtown Abilene, TX. This two-story office space, spanning 14,000 square feet on 0.15 acres of land, offers a rare opportunity to own a piece of Abilene's rich heritage while enjoying modern functionality. Built in 1954, this meticulously maintained property exudes historic charm while seamlessly accommodating contemporary business needs. The iconic terrazzo floors in the common areas provide a touch of timeless elegance. Strategic Location: Situated on the historic Cypress Street, this property is a block away from the convention center, the First Financial building, and the newly constructed DoubleTree hotel. Enjoy unparalleled visibility and proximity to Abilene's main attractions. Fully Leased with Value Add Potential: Currently fully leased, this office building presents a compelling investment opportunity with value-add potential. Investors looking to capitalize on Abilene's dynamic market will find this property to be an ideal addition to their portfolio.

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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
  • Full Service Bathrooms on both floors

Getting around

  • 62/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Abilene, TX
  • Neighborhood Abilene Original Town
  • Zip Code 79601

Points of Interest

  • Abilene and Northern Railway Company Depot

    0.48 miles

  • Shell

    0.92 miles

  • Allsup's

    1.06 miles

  • Alon

    1.69 miles

  • Alon

    1.87 miles

  • Gascard

    1.95 miles

  • H-E-B Fuel

    2.07 miles

  • Shell

    2.14 miles

  • Conoco

    2.17 miles

  • Alon

    2.57 miles

  • Murphy USA

    2.62 miles

  • BBVA Compass Parking

    0.15 miles

  • Abilene High School

    1.46 miles

  • Abilene Hotel

    1.25 miles

  • Abilene Inn & Suites

    1.25 miles

  • Emerald Inn Expo

    1.44 miles

  • Best Budget Inn

    1.68 miles

  • Western Motel

    1.72 miles

  • New Tower Motel

    1.91 miles

  • Frontier Inn

    2.45 miles

  • Super 8

    2.51 miles

  • Sleep Inn

    2.52 miles

  • American Star Inn

    2.52 miles

  • Walmart Neighborhood Market

    1.41 miles

  • United Supermarkets

    1.42 miles

  • United Supermarkets

    1.75 miles

  • Come and See International Market

    1.86 miles

  • United Supermarkets

    1.91 miles

  • Batangas Asian Market

    1.92 miles

  • H-E-B

    1.99 miles

  • United Supermarkets

    2.39 miles

  • Walmart Supercenter

    2.81 miles

  • Big Lots

    3.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jack Oduro

Moriah Brokerage Services

(512) 977-8596