For Sale Commercial MLS# ACT1306385

2448 S 1st St

Austin, TX 78704

$3,099,900

About 2448 S 1st St

Zoning: CS-V-ETOD-DBETOD. See additional explanations in the documents: Commercial Services, Vertical Mixed Use, East Riverside Transit-Oriented Development, and Density Bonus. The property has strong redevelopment potential. (CS Base Zoning-Commercial Services), (V-Vertical Mixed Use allows residential units above ground-floor commercial), (ETOD-East Riverside Transit-Oriented Development, focus on walkability, allows density, reduced parking), (DBETOD-Density Bonus ETOD, allows additional height, density, or floor-area ratio, affordable housing, optional, not mandatory). Why not consider a Lease Back while you run your project through the City of Austin? Could it be a possible option? TCAD combined lots = 15,264 sq.ft., .35AC Unique opportunity to acquire two contiguous lots improved with an operating restaurant, including land, building, and all associated FF&E. The business has successfully operated at this location for over 25 years, reflecting long-term stability and market presence. Situated just over two miles from Downtown Austin in the highly sought-after 78704 area, the property has been well-maintained. It provides a strong foundation for continued restaurant operations or alternative commercial use. Ownership is open to reasonable offers and is prepared to engage in a timely transaction. Flexible terms may be considered with an acceptable offer. Showings are by appointment only and handled discreetly. Do not contact staff or employees under any circumstances.

Property details

Property

Type
Retail
MLS type
Commercial Sale
Status
Active
Year built
1963
Lot
0.1584 AC / 6,899 SF
Original price
$3,100,000
MLS #
1306385

Interior

Flooring
Tile
Heating
Central, Natural Gas
Cooling
Central Air, Electric

Exterior & lot

Foundation
Slab
Parking
On Site, Outside

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$20,807
Tax year
2025
Parcel
04040407110000 & 04040407150000
Legal
ABS 8 SUR 20 DECKER I 69 X 91 FT AV
Special conditions
Standard

Location

Subdivision
San Jose Catholic Church Subdivision
County
Travis
Directions
From downtown, 2.4 miles south on So 1st St. The Property is on the westside of 1st Street, one-half block south of W. Oltorf St..

Location

Neighborhood
San Jose Catholic Church Subdivision

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Listed by Herb Martinez, Real Estate Executives of Aus

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.