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$1,500,000
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Property Description
Broker-Owner offering a prime redevelopment opportunity on this vacant 97,151 square foot mixed use high-rise. This building sits in the heart of the city center and on the premier corner in the highly sought-after cultural district of downtown Abilene. This property is in an Opportunity Zone, Tax Increment Reinvestment Zone - TIRZ, and is C-Pace eligible. May also meet requirements for a Historical Designation. Asbestos survey and current floor plan in hand. The structure boasts five floors of possibilities with retail and office units on the ground floor along with a parking garage that is approximately 10,000 sqft. The building has traditionally been office and multi-functional space on floors 2 through 5. The adjacent building is the historic Windsor Hotel which has recently been renovated and offers 80 apartments with amenities, retail, bar, coffee shop, and more. Other neighbors include the U.S. Post Office-Federal Building, First Financial Bank Headquarters, City Hall, Health Department, ACE Hardware, Dollar Tree, Abilene Convention Center, Double Tree by Hilton Hotel, multiple restaurants, bars, and shopping opportunities all within walking distance. There is limitless opportunity with this property with a rich history surrounding its formation. We are looking for someone with vision who can usher in a new chapter for this diamond in the rough.
Full Property Details
Full Property Details for 451 Pine St
General
- Price: $1,500,000
- Taxes: $13,875
- Status: Active
- Type: Store
- Source: NTREIS
- MLS ID: 20981297
- Updated: 6/25/2025
- Added to Site: 282 day(s) ago
Business
- Business Type: Commercial, Other, Storage
Interior
- Flooring: Concrete
Parking
- Garage: Yes
- Parking Features: Door-Multi, Garage, Garage Faces Rear, Garage Faces Side
Location
- County: Taylor
- Subdivision: Ot Abilene
- Driving Directions: PROPERTY IS LOCATED ON THE CORNER OF N 5TH AND PINE
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Block
- Roof: Tar/Gravel
- Stories/Levels: 5
- Square Feet: 97,151
- Sq. Ft. Source: Assessor
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.643
- Lot Size (Sq. Ft.): 28,009.08
- Lot Size Source: Assessor
- Frontage: City Street, Asphalt
- Potential Use: Automotive, Food Service, Office, Other, Place of Worship, Restaurant, Retail, Warehouse
- Zoning: CB
Financial Considerations
- Tax Amount: $13,875
- Tenant Pays: None, Other
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: OT ABILENE TIF #1, BLOCK 41, LOT 9 THRU 12
- Exclusions: PERSONAL PROPERTY
- Inclusions: Building Only, Land & Improvements
- Property ID: 24694
- Block: 41
- Lot Number: 9
Listed by White Buffalo Property sol LLC, David Tamez
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Schools
Schools serving 451 Pine St
School District:Abilene Independent School District
| Name | Grades | Distance |
|---|---|---|
Johnston Elementary School 3633 North 14th Street, Abilene, TX 79603 | K-5 | 2.2 mi |
Craig Middle School 702 S Judge Ely Blvd, Abilene, TX 79601 | 6-8 | 1.6 mi |
Abilene High School 2800 North 6th Street, Abilene, TX 79603 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 451 Pine St
Date
Details
Price
Change
Source
6/25/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 451 Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,198
10%
$626,474
13%
2023
$12,946
—
$552,992
-2%
2023
$12,946
-2%
$561,618
8%
2022
$13,191
10%
$519,550
15%
2021
$12,017
-18%
$450,000
-17%
2020
$14,647
6%
$543,000
2%
2018
$13,798
-7%
$534,047
-2%
2019
$14,895
10%
$543,000
3%
2017
$13,548
5%
$525,829
1%
2016
$12,927
14%
$520,058
12%
2015
$11,375
7%
$464,013
1%
2013
$10,674
—
$461,437
1%
2013
$10,674
—
$455,997
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 451 Pine St
451 Pine Street, Abilene, TX 79601 (MLS# 20981297) is a Store property. 451 Pine Street is currently listed for $1,500,000 and was received on June 25, 2025. Want to learn more about 451 Pine Street? Do you have questions about finding other Store real estate for sale in Abilene? You can browse all Abilene real estate or contact a Coldwell Banker agent to request more information.
