$1,600,000
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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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Bought with JBG Commercial
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