Rare opportunity to own a part of South 1st Street! 11,000+ daily average traffic count as of 2020, a mile from downtown. Rent or owner occupy renovated 1934 Vintage building. * New affordable housing, height and density incentives via City of Austin! (see City Code). * City has lifted parking requirements!!! (this enables greater development potential - see City Code for details) * Huge Commercial / Residential development potential: CS up to 65' height; * 95% impervious could allow up to approximately 20,000+/- rentable square feet (with City approval). * Owner Financing available *