2905 E 2nd St Austin, TX $ 1,176,000
2905 E 2nd St
$ 1,176,000
New Construction
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2905 E 2nd St

Austin, TX, 78702
$ 1,176,000
Baths0.0

Monthly Estimate*

$ 7,816

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Studio

Commercial Property for sale in Austin, TX

for $1,176,000. This building was built in 1947 on a lot size of 0.1456.

- LOT SIZE: 6,342 SF - ZONING: GR-MU-NP - PRICE PER SQ/FT: $185.40 ****APPROVED SITE PLAN AND ARCHITECT PLANS AVAILABLE **** ZONED FOR RESTAURANT and City Of Austin Emlimanted Parking Requirements - OFFICE: Unlock the potential of a premier commercial lot in the heart of East Austin, offering a strategic 6800 square feet of space complemented by an approved site plan for a state-of-the-art office building. This exceptional development opportunity is positioned to capitalize on the rapid growth and dynamic transformation of East Austin, a neighborhood renowned for its innovation, vibrant community, and flourishing business ecosystem. - Approved Site Plan: Sale includes a fully approved site plan for an interior/enclosed office building, meticulously designed to maximize utility and aesthetics. The plan features a spacious 6,113 SF building complemented by an expansive 855 SF third-floor patio, ideal for creating an engaging work environment. - Time + Money Saving Advantage: Benefit from a 12-16 month head start on the development process thanks to the pre-approved site plan. - City of Austin Approved: Current plans were submitted and received approval from the City of Austin in 2023. Although the approval expired in September 2023, the groundwork laid by this process is expected to simplify and expedite the re-approval for a new building permit. - Strategic Location: - Investment Opportunity + Potential: GR-MU-NP Zoning Provides a Variety Commercial of Uses - Walk to over a dozen East Austin Restaurants and Bars - 1 block from busy intersection of Easy Cesar Chavez and Pleasant Valley - House has been removed from property - Over 3,000 Apartment Units within 1.5 miles. Easy Commute for employees

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Commercial Active

Price

$ 1,176,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,300

Style

Lot Size

0.1456

Year Built

1947

Town/City

Austin

County/Region

Travis

MLS | Web ID

6352727

Features
General
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available Sewer Available Water Available
Zoning GR-MU-NP General Retail - Mixed Use. Office - Retail - Restaurant - Multifamily Site Plan Approved for 6800 SF Office Building
Security Features None
Construction Materials None
Year Built 1947
View None
Property SubType See Remarks
Tax Year 2024
Current Use None
Accessibility None
County Travis
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Hartwell
Building Features See Remarks
Green Sustainability None
Other Structures None
Status Active
Directions Head East on Cesar Chavez from I-35. Pass Pleasant Valley. Take left on Broadway. First left is East 2nd - land will be on the left. Next Door to Lustre Pearl East Cocktail Bar
City Austin
Disclosures None
MLS Area 5
Lot Size Square Feet 6342.34
Waterfront Y/N N
Tax Annual Amount 10477.1
Property Condition To Be Built
Additional Parcels Y/N N
Leasable Area 0
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 579461
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Interior
Flooring See Remarks
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features None
Water Source Public
Total Parking 0
Foundation Details None
Number of Buildings 0
Building Area Total 0
Lot Size Acres 0.1456
Road Surface Type Asphalt Sidewalks
Lot Size Source Survey
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 2905
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* Excluded Features
List By
Delea Becker

Listing Agent

Beck-Reit Commercial Real Esta

Broker

delea@beckreit.com

Email

Affordability Calculator

$8,674
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,816
Monthly Property Taxes
$858
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$1,176,000 Listed Price

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2905 E 2nd St, Austin, TX, 78702 is a Commercial Property for sale at $1,176,000 with a lot size of 0.1456. 2905 E 2nd St is a studio with 0.0 baths and was built in 1947. The property's zip code is 78702 which is in Austin, TX