Contacts

Jack Oduro

Moriah Brokerage Services

Property Details

Property Type Office - General Office
Property Size 14,000 SF
Units 25
Lot Size 0.15 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Building Class B
Year Built 1954
Date Updated Oct 18, 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

Attachments

Brochure (L) (PDF) opens in new window

Getting around

62/100
Walk Score ®
46/100
Bike Score ®

Powered by Walk Score ®

City Abilene, TX
Neighborhood Abilene Original Town
Zip Code 79601

Points of Interest

Shell

0.92 miles
Allsup's

1.06 miles
Grab & Go

1.44 miles
Walmart

1.45 miles
Alon

1.63 miles
Gascard

1.95 miles
H-E-B Fuel

2.07 miles
Tesla Destination

4.36 miles
J1772

4.36 miles

Doubletree Parking

0.12 miles
BBVA Compass Parking

0.15 miles
Abilene High School

1.46 miles

DoubleTree by Hilton Abilene Downtown Convention Center

0.09 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

Walmart Neighborhood Market

1.41 miles
United Supermarkets

1.42 miles
Come and See International Market

1.86 miles
Batangas Asian Market

1.92 miles
H-E-B

1.99 miles
Walmart Supercenter

2.81 miles
Natural Grocers

3.79 miles
Big Lots

3.84 miles
Target

3.85 miles
Burlington

3.88 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.