4505 E Martin Luther King Jr Blvd
1,160 - 2,323 SF Office/Retail Condo Units Offered at $492,500 - $985,000 Per Unit in Austin, TX 78721
INVESTMENT HIGHLIGHTS
- High Traffic Area with Frontage on E. MLK Jr.
- Poll signage approval available with purchase of A&B
- High Visibility
EXECUTIVE SUMMARY
Unit A (end-cap unit) is available for lease at $28/FT + NNN. A recently executed 5-year lease is in place for Unit B. Invest in the future of urban living with this retail condo at Eagle View Place mixed-use development. With two units averaging 1, 160 SF each, these properties offer a flexible investment opportunity with multiple uses, including office, retail, or live/work spaces. Built with accessibility in mind, featuring an ADA-compliant bathroom and water fountain, these units are designed to appeal to a wide range of tenants. The option to combine units A and B for a total of 2, 323 SF provides even more investment potential. Investing in these retail condos provides a chance to capitalize on the growing demand for live/work spaces and to enjoy a higher return compared to traditional commercial or residential properties. With its prime location and desirable features, this investment is poised to yield positive results for years to come. Eagle View Place retail condos are located in the heart of one of the fastest-growing areas in Austin. Located at the corner of East MLK Jr Blvd and Springdale Rd with 30, 000+ daily traffic. This location offers exceptional visibility with ingress and egress off East MLK Jr. and Springdale Rd. This property is 4.1 miles from Downtown Austin (10-minute commute), 7.8 miles to the Austin-Bergstrom International Airport (9-minute commute), and 1 mile from the Mueller Development (3-minute commute). *Seller has COA approval for pole sign off E. MLK Jr. Pole signage available with the purchase of units A & B.
PROPERTY FACTS
3 UNITS AVAILABLE
Unit B
| Unit Size | 1,163 SF |
| Price | $492,500 |
| Price Per SF | $423.47 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 877691 |
DESCRIPTION
Eagle View Place retail condos are located in the heart of one of the fastest-growing areas in Austin these properties offer a flexible investment opportunity with multiple uses, including office, retail, or live/work spaces. They were built with accessibility in mind, featuring an ADA-compliant bathroom and water fountain.
Unit AB
| Unit Size | 2,323 SF |
| Price | $985,000 |
| Price Per SF | $424.02 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 6 |
DESCRIPTION
Purchase units A and B for a total of 2, 323 SF. Investing in these retail condos provides a chance to capitalize on the growing demand for live/work spaces and to enjoy a higher return compared to traditional commercial or residential properties.
Unit A
| Unit Size | 1,160 SF |
| Price | $492,500 |
| Price Per SF | $424.57 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 877690 |
DESCRIPTION
Enhance your business prospects with the purchase of a highly desirable 1,160 SF retail condo with a restroom and storefront system in the Eagle View Place Mixed-Use Development. This property has exceptional visibility and is equipped with flexible zoning, offering the potential for conversion into a live/work unit. Don't miss out on this outstanding investment opportunity in a premier location.
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | GR/MU/NP (GR-MU-NP: GR General Retail MU Mixed-use of commercial and residential. NP Neighborhood Plan a designation for the neighborhood plan specific for this) |
