401 Westwood Dr, Abilene, TX 79603
- $209,900
- List Price
- $209,900
- Price Change
- ▼ $15,100 1786658512
- MLS#
- 21288484
- Status
- ACTIVE UNDER CONTRACT
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1983
- Construction Status
- Preowned
- Acres
- 0.64
- County
- Taylor
- City
- Abilene
- Subdivision
- Sambos Restaurant Inc
Property Description
Former Grandy's Restaurant offering an excellent redevelopment and rehabilitation opportunity in one of Abilene's most recognizable commercial corridors. With strong traffic counts, excellent visibility, and a well-built existing structure, this property is ready for someone with a vision. Recent improvements include replaced flat TPO roof, additional roofing repairs, and the replacement of several windows, helping eliminate two of the larger capital expenses. While the property will still require significant electrical work from the new owner before it can be placed back into service, much of the existing infrastructure remains in place. Former restaurant features such as the drive-thru, walk-in freezer and cooler areas, commercial kitchen infrastructure, and other restaurant improvements may provide meaningful value for a future restaurant user while also offering flexibility for a variety of other commercial concepts. Retail, office, medical, or specialty uses may also be worth exploring, subject to buyer verification and applicable approvals. For buyers seeking an existing commercial building with strong fundamentals and the flexibility to create their own vision. Repurposing an existing structure can often provide advantages in both cost and timeline when compared to new construction.
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Additional Information
- Unexempt Taxes
- $16,001
- Tenant Pays
- None
- Lot Size
- 27,878
- Acres
- 0.64
- Flooring
- Concrete, Tile
- Foundation
- Slab
- Roof
- Flat
- Building Stories
- 1
- Parking Garage
- Paved, Parking Lot
- Possession
- CloseOfEscrow
- Proposed Use
- Food Service, Other, Restaurant, Retail
- Inclusions
- Land & Improvements
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Listing courtesy of Shay Senter from Better Homes & Gardens Real Es. Contact: 325-695-8000
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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