2448 S 1st St
Austin, TX, 78704 $ 3,099,900
Bedrooms-- Baths-- Sq 2,439 for $3,099,900. This 2,439 square foot property was built in 1963 on a lot size of 0.1584.
Zoning: CS-V-ETOD-DBETOD. See additional explanations in the documents: Commercial Services, Vertical Mixed Use, East Riverside Transit-Oriented Development, and Density Bonus. The property has strong redevelopment potential. (CS Base Zoning-Commercial Services), (V-Vertical Mixed Use allows residential units above ground-floor commercial), (ETOD-East Riverside Transit-Oriented Development, focus on walkability, allows density, reduced parking), (DBETOD-Density Bonus ETOD, allows additional height, density, or floor-area ratio, affordable housing, optional, not mandatory). Why not consider a Lease Back while you run your project through the City of Austin? Could it be a possible option? TCAD combined lots = 15,264 sq.ft., .35AC Unique opportunity to acquire two contiguous lots improved with an operating restaurant, including land, building, and all associated FF&E. The business has successfully operated at this location for over 25 years, reflecting long-term stability and market presence. Situated just over two miles from Downtown Austin in the highly sought-after 78704 area, the property has been well-maintained. It provides a strong foundation for continued restaurant operations or alternative commercial use. Ownership is open to reasonable offers and is prepared to engage in a timely transaction. Flexible terms may be considered with an acceptable offer. Showings are by appointment only and handled discreetly. Do not contact staff or employees under any circumstances.
See more
FeaturesGeneralSewer Public Sewer
Heating Central Natural Gas
Cooling Central Air Electric
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Frame Glass Cement Siding Stucco
Year Built 1963
Property Subtype Retail
Tax Year 2025
Current Use Restaurant
Building Name Arandas
Accessibility Accessible Entrance
County Travis
Operating Expense 522000
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name San Jose Catholic Church Subdivision
Building Features Delivery Door Fixtures Furniture Public Restrooms Refrigeration Unit Single User
Green Sustainability None
Other Structures None
Status Active
Directions From downtown 2.4 miles south on So 1st St. The Property is on the westside of 1st Street one-half block south of W. Oltorf St..
City Austin
Disclosures See Remarks
MLS Area 6
Lot Size Square Feet 6899.9
Tax Annual Amount 20807.47
Property Condition Resale
Leasable Area 2439
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1016742
See more
InteriorFlooring Tile
Total Bedrooms 0
Total Baths 0
See more
ExteriorParking Features On Site Outside
Water Source Public
Total Parking 2025
Foundation Details Slab
Number of Buildings 1
Building Area Total 2439
Lot Size Acres 0.1584
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
See more
* Excluded FeaturesList ByHerb MartinezListing Agent
Real Estate Executives Of AusBroker
NearbyAbout Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/16/2026 | $0 | | Listed Price |