Multi-Family Conversion Opportunity

For Sale

502 N Willis St, Abilene, TX 79603

This Abilene property for sale is located at 502 N Willis St. The current listed sale price for Multi-Family Conversion Opportunity is $495,000. Multi-Family Conversion Opportunity is situated on a lot that is 1.1 acre in size.

Contacts

broker
Jack Oduro

Moriah Brokerage Services

Property Details

  • Property Type Multi-Family
  • Property Size 38,906 SF
  • Units 7
  • Lot Size 1.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972
  • Date Updated Feb 20, 2025
Nestled in the Westwood Richland neighborhood of Abilene, Texas, 502 N Willis Street offers a prime location with convenient access to key city amenities. Situated along the 1st Street commercial corridor, this property is less than five minutes from the 84/322 Loop and Interstate 20, facilitating easy commutes and connectivity. Additionally, the property is just 10 minutes away from Hendrick Medical Center, one of the city's largest employers, enhancing its appeal for businesses and professionals alike.502 N Willis Street is a versatile 38,900-square-foot building constructed in 1972, featuring a blend of office and retail space on the first floor. The property includes a single-story section and a six-story tower, offering expansive areas suitable for various uses, such as apartments, live/work spaces, or mixed-use developments. With 60 parking spaces and a rooftop boasting panoramic city views, this building is primed for redevelopment to suit a range of commercial or residential purposes.
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Highlights

  • Ready for Redevelopment | Great Location
  • Potential for Multi-Family Property
  • Ample Parking | Rooftop with City Views

Getting around

  • 75/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Abilene, TX
  • Neighborhood Westwood Richland
  • Zip Code 79603

Points of Interest

  • Alon

    0.43 miles

  • Shell

    0.43 miles

  • Conoco

    0.46 miles

  • Allsup's

    0.83 miles

  • H-E-B Fuel

    1.56 miles

  • Tesla Destination

    4.06 miles

  • J1772

    4.06 miles

  • Abilene High School

    0.35 miles

  • Doubletree Parking

    1.68 miles

  • BBVA Compass Parking

    1.82 miles

  • Western Motel

    0.30 miles

  • New Tower Motel

    0.32 miles

  • Best Budget Inn

    0.32 miles

  • Kiva Hotel Abilene

    1.53 miles

  • DoubleTree by Hilton Abilene Downtown Convention Center

    1.72 miles

  • Motel 6 Abilene

    1.96 miles

  • Royal Inn of Abilene

    2.04 miles

  • Travel Inn Abilene

    2.71 miles

  • American Star Inn

    2.85 miles

  • Wingate by Wyndham Abilene

    2.95 miles

  • Batangas Asian Market

    0.14 miles

  • United Supermarkets

    0.37 miles

  • Come and See International Market

    0.51 miles

  • H-E-B

    1.53 miles

  • Walmart Neighborhood Market

    1.98 miles

  • Big Lots

    3.11 miles

  • Natural Grocers

    3.15 miles

  • Ross

    3.20 miles

  • Walmart Supercenter

    3.20 miles

  • TJ Maxx

    3.26 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.

Contact Listing Broker
broker
Jack Oduro

Moriah Brokerage Services

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