1712 Rio Grande StAustin, TX 78701

For Sale
$3,950,000

Central Austin, 8,533 SF, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional creative office building, located at 1712 Rio Grande Street in Austin, Texas, presents a compelling owner-occupant or investment opportunity. The property, situated in the heart of the Central Business District, boasts 8,533 square feet across four stories within a single building. Constructed in 1906 and extensively renovated in 2005, the building is classified as Class B and features a multi-tenant occupancy currently at 30%. The asking price is $3,950,000, translating to $462.91 per square foot. The property is zoned GO and sits on a 0.31-acre lot, providing convenient off-street surface parking. Its prime location offers unparalleled proximity to downtown Austin, the University of Texas, both Travis County Courthouses, and the State Capitol. The lease type is NNN. This presents a rare chance to acquire a well-located, established property in a thriving Austin market. The building's history, combined with its recent renovations, creates a unique blend of character and modern functionality, ideal for a variety of creative businesses or a savvy investor seeking strong returns. The property's central location and ample parking are key advantages in a competitive market.

Highlights

  • Core, Central Austin location.
  • Off-street surface parking.
  • Proximity to Downtown Austin, UT Austin, Travis County Courthouses, and the State Capitol.

Property Details for 1712 Rio Grande St

Property type
Other office properties, Office space
Square Feet
8,533 SF
Class
B
Year Built/Renovated
1906/2005
Buildings
1
Stories
4
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.281307711777
Longitude
-97.745292541694
1712 Rio Grande St, Austin, Texas

FAQs

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1712 Rio Grande St
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