5016 Cesar Chavez StAustin, TX 78702

For Sale
Call for price

1.34-Acre Restaurant Site, 10,230 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
Discover a prime East Austin redevelopment opportunity encompassing a 1.34-acre lot featuring three existing buildings totaling 10,230 square feet. This exceptional property, located at 5016 E Cesar Chavez St in Austin, Texas (zip code 78702), presents significant potential for various commercial ventures. The site benefits from its strategic location within a rapidly growing area, designated as an opportunity zone. The existing structures offer flexibility, with Building 1 measuring 7,458 square feet, Building 2 at 1,652 square feet, and Building 3 at 1,120 square feet. The property is zoned CS-CO-NP, allowing for a range of uses. The lease type is NNN, and the tenancy is single. Built in 1950, this property offers a unique blend of history and future potential. The expansive lot size and existing buildings provide ample space for creative redevelopment projects, making it an ideal investment for those seeking a high-impact commercial venture in a thriving Austin neighborhood. This is a rare opportunity to acquire a substantial property in a highly desirable location. The property is offered with a month-to-month lease option.

Highlights

  • 10,230 SF retail restaurant property in Austin, TX.
  • Located on 1.34 acres in a prime East Austin opportunity zone.
  • Three existing buildings totaling 10,230 square feet.
  • Class D property with a NNN lease and single tenancy.
  • 1950 construction, offering redevelopment potential.

Property Details for 5016 Cesar Chavez St

Property type
Other retail properties, Restaurants
Square Feet
10,230 SF
Class
D
Year Built
1950
Buildings
3
Stories
1
Lot Size (sq. ft)
58,370 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.251622
Longitude
-97.6994674
5016 Cesar Chavez St, Austin, Texas

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5016 Cesar Chavez St
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