401 Westwood Drive

Description

Former Grandy’s Restaurant offering a redevelopment and rehabilitation opportunity in one of Abilene’s most recognizable commercial corridors. The property benefits from strong traffic counts, excellent visibility, an existing commercial structure, drive-thru configuration, and substantial restaurant-related infrastructure already in place.Recent improvements include a replaced flat TPO roof, additional roofing repairs, and replacement of several windows, addressing several meaningful building components. The property is not currently operational and will require substantial work before being placed back into service. Known deficiencies include significant electrical repairs and repair, replacement, or reconfiguration of HVAC equipment and components. Buyers should independently evaluate the condition, scope, and cost of all building systems and improvements.The existing electrical repair proposal contemplates substantial reconstruction of the electrical system, including panels and related connections. HVAC equipment and components have also been removed, dismantled, or are otherwise in need of evaluation. The final HVAC approach may depend on the buyer’s intended use of the property.Former restaurant features including the drive-thru, walk-in freezer and cooler areas, commercial kitchen infrastructure, and other existing improvements may provide meaningful value to a future restaurant user. The building may also offer flexibility for retail, office, medical, specialty, or other commercial uses, subject to buyer verification, zoning, permitting, and applicable approvals.For a buyer prepared to rehabilitate the property, the existing building, location, roof improvements, restaurant layout, and remaining infrastructure create an opportunity to repurpose an established commercial site rather than starting from the ground up.