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Owner Contacts

$1,850,000

NAL Estimated Property Value

502 W 30th ST, Austin, TX, 78705

Off Market

Commercial

0 Bath

2,800 Sq Ft

Office

Built in 1928

Highlights

Interior

Bathrooms 0

FlooringTile, Wood

About this property

Amazing commercial building in the heart of central Austin, located on "The Drag": adjacent to Wheatsville Co-op, Spider House, & Via 313, across from CVS, nearby Torchy's, walking distance to FedEx & Wells Fargo. Recently remodeled and magnificently finished out the building is currently used as creative office/co-working space but could also be retail or a great space for a coffee shop. Zoning: GR-NCCD-NP (Community Commercial) Professional offices, medical offices, restaurants, retail sales, food sales, bed & breakfast, hotel, etc. Electrical and plumbing systems are like new. Split HVAC and foundation are up to modern code. Sits on .204 acre lot with a 12 space parking lot and ample street parking which is a rare treat for this part of town. Easily converted into two separate units (upstairs & downstairs). Existing Dedicated Commercial Fiber Connection (Grande Communications) and Existing Commercial Fiber Connection (Google Fiber).

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0% equity

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,100 /month

Positive

Cash Flow Estimate:

$3,700 /month

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Financing Details

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Interest Rate Assumption

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No HOA

5.947%

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