1109 Oak St - Specialty FOR SALE


Abilene, TX 79602
$700,000 USD
325-665-1640
1109 Oak St, Abilene, TX for Sale
$700,000 USD
Specialty - FOR SALE
1/23
null | Request Cap Rate

1109 Oak St
Abilene, TX 79602


HIGHLIGHTS

  • 6269 Sqft building situated on approx. 0.8 acres on corner lot near downtown Abilene Tx. Prime location with ongoing downtown revitalization underway.
  • The business offers significant opportunities for expansion and additional revenue generation, providing potential to accelerate ROI.
  • The business produces revenue that supports its operational costs, contributing to overall investment stability.

OVERVIEW

Eleven Oaks, is a fully operational men’s group residential facility offering exceptional potential for continued use or future program development. This property features 12 units and is able to accommodate up to 50 residents, making it an excellent opportunity for organizations seeking a functional and established group-living environment. Inside, the facility includes a full commercial kitchen equipped with a large commercial gas stove, warming table, multiple refrigerators and freezers, and ample prep and storage space to support daily meal service. A dedicated laundry room provides convenient access to washers, dryers for residents. Shared common areas include a spacious living room with TV, dining space, kitchen area, and a large fenced backyard with covered patio. The layout is intentionally designed to meet the needs of group living while allowing flexibility for future operational models or program adjustments. The property’s size, configuration, and established use as a men’s group residential facility offer a unique opportunity in a market where purpose-built housing of this scale is limited. Its existing infrastructure allows for a wide range of residential or programmatic uses, and its capacity makes it suitable for organizations seeking to expand services or create a new structured living environment. This is a rare chance to acquire a facility of this size, that combines functionality, space, and adaptability in one location.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Eleven Oaks

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,236 SF

ZONING

RMD

APN/PARCEL ID

70956

ASK ABOUT THIS PROPERTY

Kayla GoodmanRE/MAX Fine PropertiesMore Info
325-665-1640

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Kayla GoodmanRE/MAX Fine PropertiesMore Info
325-665-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.