Listed By:
Barnett & Hill
Address
209 Cottonwood Street, Abilene, TX
Price
$ 399,000
Property Attributes
  • MLS#21278692
  • TypeCommercial
  • Listing Status Active
  • CountyTAYLOR
  • CityAbilene
  • NeighborhoodOt Abilene
  • Zip79601
  • StyleRetail
  • Year Built1951
  • Taxes$ 1652
  • Price$ 399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.42 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

A 90-year legacy can be yours with the purchase of 209 Cottonwood - home to Farilito, Abilene's oldest continuously-operated restaurant. For those of us that have enjoyed Farilito in recent years, we know the dining room and are aware of the kitchen, but there is also a large bar space that has been unused for many years. The home of the family that operated Farilito over the years is attached to the restaurant and included in this listing. The two-parcel property is zoned LI which permits restaurants along with bars, taverns, lounges, and clubs serving alcohol for on-site consumption as zoned uses. Separate of the real estate transaction, the owner is willing to convey the business and recipes along with the real estate.

Price History
5/22/2026 Listed $500,000
7/20/2026 21$399,000

General Features

Heating Central,Natural Gas
Cooling Central Air,Electric
Utilities MUD Sewer,MUD Water
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Asphalt,Composition
Year Built 1951
Tenant Pays Other
Business Type Bar/Tavern/Lounge,Restaurant
Business Name Farilito
Unexempt Taxes 1652
Building Use Bar/Taverns,Restaurant
Will Subdivide No
Gross Annual Expenses 0.00
Property Subtype Retail
Subdivision Name Ot Abilene
Zoning Description LI
Occupant Type Vacant
County Taylor
Property Type Commercial Sale
Construction Materials Brick,Wood,Other
Year Built Details Preowned
Number Of Leaseable Spaces 1
Status Active
Directions just there off the old traffic circle
City Abilene
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21278692
Standard Status Active

Interior Features

Flooring Tile
Total Stories 1
Total Units 1
SQFT Gross 5595
Lock Box Type Combo

Exterior Features

Lot Size Source Assessor
Parking Features Additional Parking,Asphalt,Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab,Other
Lot Size Area 0.4200
Lot Size Units Acres
Building Area Total 5595.00
Road Frontage Type City Street
Lot Size Square Feet 18295.2000
Lot Size Acres 0.4200

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 79601

Price
AVG $940K
$400K
Taxes
AVG $4,229
$1,652
Year Built
AVG 1964
1951
Visits
AVG 106
186
Data Provided by Inside Real Estate®