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The Wagstaff Building 473 Cypress St

14,000 SF Vacant Office Building Abilene, TX 79601 $1,240,243 CAD ($89 CAD/SF)

Investment Highlights

  • Fully Leased with Value Add Potential
  • Walking distance to DoubleTree Hotel & Convention Center
  • (2) Conference Rooms
  • Strategically located in Downtown Abilene on the corner where new city improvements are planned
  • (24) Private Offices
  • (3) Classrooms | (3) Breakrooms

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,000 SF
Building Class
C
Year Built
1954
Price
$1,240,243 CAD
Price Per SF
$89 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
2.01
Land Acres
0.16 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26081
Land Assessment
$82,734 CAD
Improvements Assessment
$469,303 CAD
Total Assessment
$552,036 CAD
  • Listing ID: 30834820

  • Date on Market: 2024-01-31

  • Last Updated:

  • Address: 473 Cypress St, Abilene, TX 79601

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