402 West Live Oak St
About this property
Exceptional downtown South Congress opportunity! This 2,400 SF commercial/retail office building sits on 2 multifamily lots (13,786 SF total) with tremendous future development potential. Recently updated and currently utilized as a sales office and model home, this prime location offers ideal access to 1st Street and South Congress, plus convenient onsite parking. Perfect for owner-user looking for quality downtown office space, or investor seeking development opportunity. Demolition permits are already approved for 4 single-family homes on the lot-ready to move forward with residential development. The adjoining lot next door is also available for purchase from the same seller, allowing for expanded development options. This is a rare combination of immediate income-producing asset with pre-approved development potential in one of Austin's most desirable neighborhoods.
About this property
Exceptional downtown South Congress opportunity! This 2,400 SF commercial/retail office building sits on 2 multifamily lots (13,786 SF total) with tremendous future development potential. Recently updated and currently utilized as a sales office and model home, this prime location offers ideal access to 1st Street and South Congress, plus convenient onsite parking. Perfect for owner-user looking for quality downtown office space, or investor seeking development opportunity. Demolition permits are already approved for 4 single-family homes on the lot-ready to move forward with residential development. The adjoining lot next door is also available for purchase from the same seller, allowing for expanded development options. This is a rare combination of immediate income-producing asset with pre-approved development potential in one of Austin's most desirable neighborhoods.
Features and Additional Information
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Brokerage: Realty of America, LLC