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.
| MLS # | 21288484 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1983 |
| Days On Site | 94 |
| Listing Provided By | Better Homes & Gardens Real Es | Shay Senter |
| SQ Feet | 5,064 |
|---|---|
| Story(s) | 1 |
| Zoning | GR |
| Acreage | 0.64 |
| Cooling | Ceiling Fan(s), Electric |
|---|---|
| Heating | Electric |
| Roof | Flat |
|---|---|
| Construction Materials | Brick, Concrete, Other |
| Foundation Details | Slab |
| Parking Features | Parking Lot, Paved |
|---|
| Utilities | City Sewer, City Water, Electricity Available |
|---|
| Unexempt Taxes | 16001 |
|---|---|
| Tax Block | 1 |
| Tax Legal Description | SAMBOS RESTAURANT INC, BLOCK 1, LOT ALL, & 2 |
| State | TX |
|---|---|
| County | Taylor |
| City | Abilene |
| Zip Code | 79603 |
| Area | Taylor |
| Community Name | Sambos Restaurant Inc |
| Listing VS Median (in Sambos Restaurant Inc) | |
Price: $209,900 low | high Med: $209,900 sqft: 5,064 low | high Med: 5,064 $ / sqft: $41 low | high Med: $41 On site: 94 low | high Med: 94 | |
| State | TX |
|---|---|
| County | Taylor |
| City | Abilene |
| Zip Code | 79603 |
| Area | Taylor |
| Community Name | Sambos Restaurant Inc |
| Listing VS Median (in Sambos Restaurant Inc) | |
Price: $209,900 low | high Med: $209,900 sqft: 5,064 low | high Med: 5,064 $ / sqft: $41 low | high Med: $41 On site: 94 low | high Med: 94 | |