473 Cypress St

473 Cypress St, Abilene, TX 79601

  • For Sale $875,000
  • Property Type Office - General Office
  • Property Size 14,000 SF
  • Units 25
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1954
  • Date Updated Apr 1, 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

Contacts

broker

Jack Oduro

Moriah Brokerage Services

(512) 977-8596

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Abilene, TX
  • Neighborhood Abilene Original Town
  • Zip Code 79601

Points of Interest

  • Abilene and Northern Railway Company Depot

    0.48 miles

  • Shell

    0.92 miles

  • Allsup's

    1.06 miles

  • Alon

    1.69 miles

  • Alon

    1.87 miles

  • Gascard

    1.95 miles

  • H-E-B Fuel

    2.07 miles

  • Shell

    2.14 miles

  • Conoco

    2.17 miles

  • Alon

    2.57 miles

  • Murphy USA

    2.62 miles

  • BBVA Compass Parking

    0.15 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

  • American Star Inn

    2.52 miles

  • The Local

    0.17 miles

  • Vagabond

    0.19 miles

  • Cypress Street Station

    0.24 miles

  • The Mill

    0.51 miles

  • Larry's Better Burger

    0.78 miles

  • Subway

    0.83 miles

  • La Popular Bakery

    0.87 miles

  • Mustang Donuts

    1.35 miles

  • Galveston Seafood Company

    1.37 miles

  • Whataburger

    1.52 miles

  • Houston School

    0.53 miles

  • Abilene Early Headstart

    0.54 miles

  • Woodson Early Childhood Center

    0.55 miles

  • Texas Leadership Charter Academy of Abilene

    0.69 miles

  • Franklin Middle School

    0.88 miles

  • Woodson Center for Excellence

    0.88 miles

  • Locust Pre - Kindergaten School

    0.92 miles

  • Martinez Elementary School

    0.93 miles

  • North Junior High School

    0.94 miles

  • Locust School

    0.96 miles

Frequently Asked Questions

What is the lease rate for 473 Cypress St?

Rental asking rate at 473 Cypress St is $437,500.00/YR.

What is the total square footage of 473 Cypress St?

473 Cypress St totals 14,000 square feet.

When was this property built?

473 Cypress St was built in 1954.

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Contact Listing Broker

broker

Jack Oduro

Moriah Brokerage Services

(512) 977-8596