Overview
Description
multi-tenant investment opportunity with commercial upside, located at the corner of N 1st Street and Victoria Street in Abilene, Texas. Priced at $350,000 and currently generating approximately $3,800 per month in rental income, this three building package offers immediate cash flow with clear value add potential. The first parcel features direct N 1st Street frontage and was formerly operated as a used car dealership, now vacant and ready for a new owner’s vision. The front building offers an ideal footprint for continuing automotive use or repositioning into another commercial or retail concept. At the rear of this structure is an occupied one-bedroom residential unit, providing stable income while you plan your next move for the commercial space. The second parcel, on the neighboring lot, contains two additional income producing buildings. One is a rented three bedroom, one bath single family home with a backyard, appealing to long term residential tenants. The other is a converted detached garage that now includes an upstairs one-bedroom apartment and a finished downstairs area currently used by the tenant as a “man cave,” creating a unique live work or lifestyle rental configuration. With a mix of residential units and a flexible commercial building on a visible corner location, this package is ideal for an investor seeking affordable entry into multi tenant ownership, with room to enhance rents, reconfigure the commercial space, or further improve the existing structures.
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- Appliances
- Electric Oven, Microwave, Refrigerator
- Interior Features
- High Speed Internet, Cable Tv, Vaulted Ceilings
- Flooring
- Carpet, Combination, Hardwood, Laminate
- Heating
- Electric
- Cooling
- Wall Units, Wall Window Units
- Utilities
- Electricity Connected, Sewer Available, Water Available, Cable Available
- Construction
- Aluminum Siding
- Roof
- Shingle
- Foundation
- Pillar Post Pier, Slab
- Patio / Porch
- Covered
- Pool
- None
- Security
- Carbon Monoxide Detectors, Fire Alarm, Security Lights
- Levels
- Two
- Stories
- 2
- Garage Spaces
- 2
- Attached Garage
- No
- Covered Spaces
- 2
Schools
- Elementary
- Eugene Purcell (Abilene ISD)
- Middle
- Craig (Abilene ISD)
- High
- Abilene (Abilene ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale Source: NTREIS #21325505 | $350,000 |
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INCTammy Kister · Absolute Real Estate Mgt.
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INCKimm Ferrell · KW SYNERGY*
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INCClifton A J Johnson · eXp Realty, LLC
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INCTonya Harbin · Real Broker, LLC
Listed by Josh Rader · McCullar Properties Group LLC
Source: NTREIS · MLS#: 21325505
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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