141 Oak, Abilene, Texas

$1,400,000
Active
141 Oak, Abilene, Texas
141 Oak, Abilene, Texas
141 Oak, Abilene, Texas
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Property Details

MLS ID: 20976123
Status: Active
Price: $1,400,000
Acres: 0.16±
Type: Business, Commercial
Address: 141 Oak
City, State: Abilene, TX
County: Taylor County
ZIP Code: 79602
Lat/Long: 32.44775, -99.73216
Parcel Number: 58259
Year Built: 1923

Description

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.

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Jaden Winfrey

Jaden Winfrey

Capitol Ranch Real Estate, LLC

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Jaden Winfrey
Capitol Ranch Real Estate, LLC
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 22, 2025 at 12:00:00 AM UTC

Listed By: Timothy Smith of Barnett & Hill