2448 S 1st St, Austin, TX 78704

$3,099,900

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List Price
$3,099,900
Status
ACTIVE
MLS#
1306385
Price Change
▼ $100 1780169281
Days on Market
162
Lot Size
6,899
Area
Austin - South

Property Description

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.

Additional Information

Taxes
$20,807
Tax Year
2025
Year Built
1963
Parking Spaces
2025
Construction
Frame, Glass, Cement Siding, Stucco
Region
Austin - South
Sewer
Public Sewer
Street Name
S 1st St
Street Number
2448
Neighborhood
San Jose Catholic Church Subdivision
Water
Public
Acres
0.16
County
Travis
Floor
Tile
Heating
Central, Natural Gas

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Listing courtesy of Real Estate Executives of Aus. Contact: (512) 899-4663

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