This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2905 E 2nd St - 2905 East 2nd | East Austin
0.15 Acres of Commercial Land Offered at $850,000 in Austin, TX 78702
Investment Highlights
- PRICE REDUCED by $325,000
- Walk to over a dozen East Austin Restaurants and Bars - Including neighbor Lustre Pearl East
- Over 3,000 Apartment Units within 1.5 miles. Easy Commute for employees
- ZONING: GR-MU-NP Allows for Retail and Restaurant
- House and Tree have been removed from property
- City Of Austin Eliminated Parking Requiments - ADA Parking Still Required
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $850,000 | Lot Size | 0.15 AC |
| Price Per AC | $5,838,233 |
| Price | $850,000 |
| Price Per AC | $5,838,233 |
| Lot Size | 0.15 AC |
- Prime East Austin Location: Situated in the heart of East Austin, this 6800 SF commercial lot. Zoned GR-MU. Approved Site Plan for Office Building. City of Austin Approved: Plans were submitted and approved by the City of Austin in 2023.
Description
- Prime East Austin Location: Situated in the heart of East Austin, this 6800 SF commercial lot offers a strategic position in one of Austin's most dynamic neighborhoods, renowned for its rapid growth, innovation, and vibrant community. - Zoned GR-MU: Versatile zoning allows for a variety of developments, including highly sought-after retail, restaurant, or cocktail bar, providing endless opportunities for creative and lucrative investment. - Approved Site Plan for Office Building: Comes with a fully approved site plan for a 6,113 SF interior/enclosed office building, featuring an 855 SF third-floor patio, designed to maximize utility and aesthetics. - Time and Money Savings: Benefit from a 12-16 month head start in the development process with pre-approved plans, eliminating the need for hiring a team of engineers, architects, and permit expeditors. - City of Austin Approved: Plans were submitted and approved by the City of Austin in 2023, with an expectation of easy re-approval for a new building permit, simplifying the development process. - Strategic Development Opportunity: The property's location and zoning offer a unique chance to create a standout office space, retail outlet, restaurant, or bar that meets the needs of Austin's growing commercial landscape. - Investment Potential: Capitalize on East Austin's continued expansion and the influx of new businesses and creative endeavors, making it an opportune moment for visionary investors and developers. - Engage with East Austin's Growth:** Represents a rare opportunity to directly contribute to the area's exciting development trajectory, whether you're looking to build a new headquarters, an innovative co-working space, or a multipurpose commercial hub. Versatile Investment Options: Although ideally suited for office building development, the lot's zoning and location also provide perfect conditions for establishing retail, restaurant, or bar ventures, catering to a wide range of investor interests. Looking for land for sale in Austin, but worried about the lengthy development process? This is an ideal location - Austin land with approved site plan. Secure your general contractor and be in your offices in 12 -18 Months. Even running your projects conservatively - the Commercial Real Estate growth trends in Austin, Texas have kept Investors coming back for more for decades.
zoning
| Zoning Code | GR-MU-NP (Zoning Provides a Variety Commercial of Uses . Retail, Restaurant, Office, Mixed Use) |
| GR-MU-NP (Zoning Provides a Variety Commercial of Uses . Retail, Restaurant, Office, Mixed Use) |
Presented by
2905 E 2nd St - 2905 East 2nd | East Austin
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.