1308 12Th StAustin, TX 78702

For Sale
$2,250,000

Prime Redevelopment Opportunity: Two Buildings, 0.32 Acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional redevelopment opportunity encompasses two buildings situated on a 0.32-acre lot at 1308 & 1310 E 12th St, Austin, TX 78702. The property, zoned CS-MU-NCCD-NP, presents a unique chance to capitalize on the vibrant East Austin market. Built in 1930 and 1967, the existing single-story structures offer a blank canvas for creative vision. The location within the East 12th Street Business District provides immediate access to a diverse mix of established businesses, including restaurants (The Original New Orleans Po-Boy and Gumbo Shop, Sam's BBQ, Galloways Sandwich Shop), retail shops, and service providers (Altatudes, Ideal Barber Shop, Linder Insurance). Proximity to popular Austin destinations like Franklin BBQ, Hillside Farmacy, Trona, The Chicon, Full Circle Bar, and Hoovers further enhances the property's appeal. The area also boasts numerous multifamily developments, including The Avenir, Eleven by Windsor, and AMLI Eastside, indicating strong residential growth and demand. This prime location and flexible zoning offer significant potential for a variety of development projects, making this a compelling investment opportunity for $2,250,000. The property's history and its position within a rapidly evolving neighborhood combine to create a truly unique and promising investment.

Highlights

  • Excellent location in Austin's historic East 12th Street Business District.
  • Strong retail presence with diverse businesses including barbershops, beauty salons, and convenience stores.
  • Abundant food and beverage options, featuring Southern cuisine and popular local eateries.
  • Proximity to renowned Austin restaurants and bars.
  • Surrounded by numerous multifamily developments.

Property Details for 1308 12Th St

Property type
Other office properties, Office space
Buildings
2
Stories
1
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2730055
Longitude
-97.7259877
1308 12Th St, Austin, Texas

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1308 12Th St
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