2444 1St StAustin, TX 78704

This exceptional investment opportunity or owner-occupied property is located at 2444 S 1st St, Austin, TX 78704. The property consists of two buildings totaling 1,735 square feet on a 6,416 square foot lot. The main building offers 1,280 square feet and features a three-bedroom, one-bathroom layout with a kitchen. The second building, at 455 square feet, also includes a kitchen and bathroom. Built in 1949 and renovated in 2007, this Class C property boasts 70 feet of prime South 1st Street frontage and five dedicated parking spaces. Its location across from a park and 2.8 miles from the state capitol offers significant advantages. The property is zoned GR and is currently occupied by a successful high-end hair salon, which may consider a leaseback arrangement. The asking price is $1,480,000 ($853.03 per square foot). This unique property presents a rare chance to own two retail spaces in one location, ideal for owner-occupancy and/or rental income. The high average household income ($141,341) and median income ($89,258) in the 78704 zip code, along with the proximity to a new H-E-B on South Congress, further enhance the investment potential. This is a fee simple ownership opportunity. The APN is 305698.