Share This Listing

Message

968 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Downtown-adjacent location within the Abilene CBD
  • Strong candidate for adaptive reuse or redevelopment
  • CB Zoning – wide range of permitted uses
  • Ideal for retail, office, showroom, creative, or service users

Executive Summary

Located just south of downtown Abilene, 218 Elm St offers a classic red brick warehouse with strong character and flexibility for a wide range of commercial uses. Positioned in an area seeing increased interest and reinvestment, the property benefits from proximity to the downtown core while maintaining the functionality of a traditional warehouse-style layout. The building’s interior space is suitable for conversion or continued use as storage, workshop, or service-oriented operations. Its construction and layout are well-suited to adaptive reuse, making it an ideal candidate for users or investors looking to reposition a property with character. Zoned CB (Central Business), the property allows for a broad range of uses including retail, office, showroom, entertainment, and mixed-use concepts. This flexibility, combined with the building’s location and structure, supports a variety of redevelopment or owner-user strategies.

Property Facts

Price $439,000
Price Per SF $29.86
Sale Type Investment or Owner User
Property Type Flex
Building Class C
Lot Size 0.34 AC
Rentable Building Area 14,700 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 1.02/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning commercial - commercial

Utilities

  • Lighting
  • Gas
Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
31484
Land Assessment
$49,219
Improvements Assessment
$329,914
Total Assessment
$379,133
  • Listing ID: 40161435

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: 218 Elm St, Abilene, TX 79602

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}