2104 S 1st St - Specialty FOR SALE


Austin, TX 78704
$1,470,150 USD
972-755-5205
2104 S 1st St, Austin, TX for Sale
$1,470,150 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

2104 S 1st St
Austin, TX 78704


HIGHLIGHTS

  • Rare Downtown Austin Redevelopment Opportunity in the Sought-After South First Street/Bouldin Creek Neighborhood
  • Signalized Hard Corner Location on South First Street and West Live Oak Street; Combined Traffic Counts Exceed 26,308 Vehicles per Day
  • More Than 372,311 Residents (Five-Mile Radius) and an Average Household Income of $141,396 (One-Mile Radius)
  • Significant Workforce Hub: The Daytime Population Increases by 81 Percent Due to 675,249 Employees Within a Five-Mile Radius

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a rare downtown Austin redevelopment opportunity in the sought-after South First Street/Bouldin Creek neighborhood. The property is surrounded by numerous development projects, including a 106-unit condo project with ground-level retail adjacent to the property, a trendy 42-unit apartment community a block away, and the South Congress H-E-B, which is scheduled to open later this year. Located in the heart of the Bouldin Creek neighborhood, the corridor is renowned for hosting some of the city’s best restaurants and bars along South First Street. From Lenoir and Dolce Neve to Seventh Flag and El Primo, the area offers a vibrant culinary scene that attracts both locals and visitors alike.

FOR SALE DETAILS

PRICE

$1,470,150 USD

PRICE/SF

$505 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South First Street Redevelopment Opportunity

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

04020311010000

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.