Austin, TX 78702,1306 E Cesar Chavez

$1,600,000

Est.Price: ?

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Est. payment /mo

3,890 SqFt


SOLD DATE : 09/23/2021

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,890 sqft

Price per Sqft $359

Subdivision Gary & Peck

MLS Listing ID 8364880

Sold Date 09/23/21

Originating Board actris

Year Built 1920

Annual Tax Amount $16,902

Tax Year 2020

Lot Size 6,577 Sqft

Property Description

Rare opportunity to have the live, work, play experience less than a mile from Austin's downtown entertainment and business districts. Commercial Zoned (CS) well maintained, residential buildings (2) and work shop have potential to serve multiple purposes. 5 bedrooms/ 2 baths in the main house (1890 sqft) and 2 bedrooms/2 baths with kitchens in the 2000 sqft work shop with alley access, the property offers ultimate flexibility for business owners to operate a variety of businesses including food services, hospitality, retail, multifamily, etc., while also serving as a primary residence. The property has a total of 7 bedrooms and 4 baths. The previous owner operated one of Austin's largest pedicab businesses out of the back building for several years (Austin Pedicab) before remodeling a large portion to provide more livable space for AirBnB and which proved to be extremely profitable pre-Covid with a capacity of 10+ guests generating excess of 5k some months. The back building was built in 2004 with solid constructions and triple reinforced ceilings to support a 600+lb commercial design printer and an upstairs apartment. Utilities are on site and connected in both buildings with public electric, water and sewer. Gas is onsite but not connected. The property has been well maintained and enhanced and has been thoroughly inspected by licensed professionals with no major structural or mechanical issues found.
With it's stellar growth and transformation, Austin, TX has become a national darling and highly sought after by everything from global tech giants (Tesla, Apple, Oracle, etc) to mainstream entertainers and professional athletes and everything in between. This gem is located in the middle of the downtown action and is surrounded by thriving businesses that compliment and provide walkable access to downtown for work, entertainment, recreation and restaurants. This property is ready to go, no renovations needed. It will go fast. Thank me later.

Location

State TX

County Travis

Zoning CS - Current owner has operated Austin Pedicab and AirBNB from the property

Interior

Heating Electric

Cooling Electric

Flooring Bamboo, Carpet, Concrete, Wood

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, High Speed Internet, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Accessibility See Remarks

Total Parking Spaces 3

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Frame,HardiPlank Type,Wood Siding

New Construction No

Others

Restrictions Zoning

Acceptable Financing Cash, Conventional

Tax Rate 2.22667

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by JBG Commercial • David Ashby
Bought with JBG Commercial
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