Multi-Family Conversion Opportunity

502 N Willis St, Abilene, TX 79603

  • For Sale $495,000
  • Property Type Multi-Family
  • Property Size 38,906 SF
  • Units 7
  • Lot Size 1.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972
  • Date Updated Feb 3, 2025
Nestled in the Westwood Richland neighborhood of Abilene, Texas, 502 N Willis Street offers a prime location with convenient access to key city amenities. Situated along the 1st Street commercial corridor, this property is less than five minutes from the 84/322 Loop and Interstate 20, facilitating easy commutes and connectivity. The area is known for its well-kept yards and family-friendly atmosphere, with residents appreciating the quiet, private environment and strong community spirit. Additionally, the property is just 10 minutes away from Hendrick Medical Center, one of the city's largest employers, enhancing its appeal for businesses and professionals alike.502 N Willis Street is a versatile 38,900-square-foot building constructed in 1972, featuring a blend of office and retail space on the first floor. The property includes a single-story section and a six-story tower, offering expansive areas suitable for various uses, such as apartments, live/work spaces, or mixed-use developments. With 60 parking spaces and a rooftop boasting panoramic city views, this building is primed for redevelopment to suit a range of commercial or residential purposes.
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Highlights

  • Has great potential for multi-family property.

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Abilene, TX
  • Neighborhood Westwood Richland
  • Zip Code 79603

Points of Interest

  • Alon

    0.43 miles

  • Shell

    0.43 miles

  • Conoco

    0.46 miles

  • Allsup's

    0.83 miles

  • H-E-B Fuel

    1.56 miles

  • Tesla Destination

    4.06 miles

  • J1772

    4.06 miles

  • Abilene High School

    0.35 miles

  • Doubletree Parking

    1.68 miles

  • BBVA Compass Parking

    1.82 miles

  • Western Motel

    0.30 miles

  • New Tower Motel

    0.32 miles

  • Best Budget Inn

    0.32 miles

  • Kiva Hotel Abilene

    1.53 miles

  • DoubleTree by Hilton Abilene Downtown Convention Center

    1.72 miles

  • Motel 6 Abilene

    1.96 miles

  • Royal Inn of Abilene

    2.04 miles

  • Travel Inn Abilene

    2.71 miles

  • American Star Inn

    2.85 miles

  • Wingate by Wyndham Abilene

    2.95 miles

  • Grandy's

    0.18 miles

  • Long John Silver's

    0.19 miles

  • McDonald's

    0.26 miles

  • Taco Bueno

    0.30 miles

  • Szechuan

    0.33 miles

  • Golden Chick

    0.37 miles

  • Burger King

    0.43 miles

  • Church's Chicken

    0.45 miles

  • Monterry Restaurant

    0.47 miles

  • Subway

    0.48 miles

  • Abilene High School

    0.51 miles

  • Johnston Elementary School

    0.70 miles

  • Fair Park School

    0.71 miles

  • Special Education Homebound

    0.72 miles

  • School Age Mothers Center - Abilene

    0.72 miles

  • Stafford Elementary School

    1.10 miles

  • Bonham Elementary School

    1.10 miles

  • Texas Leadership Charter Academy of Abilene

    1.22 miles

  • Fannin Elementary School

    1.25 miles

  • McMurry University

    1.99 miles

  • Day Nursery of Abilene - Sherry Lane Center

    1.54 miles

  • Beltway Kids Academy

    2.38 miles

Frequently Asked Questions

How much does Multi-Family Conversion Opportunity cost?

The space currently listed for sale at Multi-Family Conversion Opportunity asks for $495,000.

What is the total square footage of Multi-Family Conversion Opportunity?

Multi-Family Conversion Opportunity totals 38,906 square feet.

When was this property built?

Multi-Family Conversion Opportunity was built in 1972.

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