2104 S 1st St - South First Street Redevelopment Opportunity
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2104 S 1st St - South First Street Redevelopment Opportunity
2,914 SF Specialty Building Offered at $1,470,150 in Austin, TX 78704
Investment Highlights
- Rare Downtown Austin Redevelopment Opportunity in the Sought-After South First Street/Bouldin Creek Neighborhood
- More Than 372,311 Residents (Five-Mile Radius) and an Average Household Income of $141,396 (One-Mile Radius)
- Signalized Hard Corner Location on South First Street and West Live Oak Street; Combined Traffic Counts Exceed 26,308 Vehicles per Day
- Significant Workforce Hub: The Daytime Population Increases by 81 Percent Due to 675,249 Employees Within a Five-Mile Radius
Executive Summary
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.
Property Facts
| Price | $1,470,150 | Building Size | 2,914 SF |
| Price Per SF | $505 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1971 |
| Property Type | Specialty | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.27 AC |
| Price | $1,470,150 |
| Price Per SF | $505 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 2,914 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 4 |
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 303826 | Improvements Assessment | $0 |
| Land Assessment | $1,781,700 | Total Assessment | $1,781,700 |
PROPERTY TAXES
Parcel Number
303826
Land Assessment
$1,781,700
Improvements Assessment
$0
Total Assessment
$1,781,700
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2104 S 1st St - South First Street Redevelopment Opportunity
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