141 OAK, ABILENE, TX 79602
Homes for sale in Abilene.
Homes for sale in 79602.
141 Oak
Abilene, TX 79602
List Price$1,400,000
Listing #20976123
About This Property
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!
Property Features
Location Information
County
Taylor
Subdivision
Ot Abilene
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Insurance, Pest Control, Repairs, Taxes, Trash Collection, Water
Heating
Central, Natural Gas
Total Number of Units
4
Cooling
Central Air, Electric
Accessibility
Accessible Doors, Accessible Entrance
Floors
Concrete, Wood
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
7,013
Foundation
Slab
Possible Best Use
Other
Roof
Other
Zoning
Central Business
Water / Sewer
Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
13,500
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Road Description
City Street
Parking Description
On Street
Is One Story
No
Lot Size in Acres
0.161
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
19881.0
Property SubType
Retail
Lot Acres Source
Assessor
Year Built
1923
Similar Listings
Mortgage Calculator
$6,536
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,044
Monthly Tax
$1,166
Monthly Insurance
$326
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Timothy Smith, Barnett & Hill
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NTREIS - North Texas data last updated at November 1, 2025, 1:49 PM CT
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