4900 1St StAustin, TX 78745

This exceptional Austin retail property at 4900 S 1st St, Austin, TX 78745, presents a compelling investment opportunity. The 16,551 square foot building sits on a substantial 6.834-acre lot and is currently generating over $20,000 in monthly rental income. The property type is retail, currently configured for music lessons and office space. The asking price is $5,995,000, translating to $362.21 per square foot. The property boasts ample parking both in front and behind the building, providing convenient access for tenants and customers. Given the significant size of the lot and the existing income stream, this property offers considerable potential for future development or continued operation as a high-yield rental asset. Currently occupied by a tenant, viewings are available upon presentation of a contract. This is an ideal opportunity for investors seeking a strong return on investment in a prime Austin location. The property is located in Travis County and offers a unique blend of existing income and redevelopment potential. The substantial lot size provides ample room for expansion or future development projects. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Austin market.