2905 E 2ND STREET, AUSTIN, TX 78702

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Homes for sale in 78702.


2905 E 2nd Street

Austin, TX 78702

Status of the property has changed, please contact for details

List Price$850,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #6352727

Commercial

Type

About This Property

- LOT SIZE: 6,342 SF - ZONING: GR-MU-NP ****APPROVED SITE PLAN AND ARCHITECT PLANS AVAILABLE **** ZONED FOR RESTAURANT and City Of Austin Emlimanted Parking Requirements - OFFICE: Unlock the potential of a premier commercial lot in the heart of East Austin, offering a strategic 6800 square feet of space complemented by an approved site plan for a state-of-the-art office building. This exceptional development opportunity is positioned to capitalize on the rapid growth and dynamic transformation of East Austin, a neighborhood renowned for its innovation, vibrant community, and flourishing business ecosystem. - Approved Site Plan: Sale includes a fully approved site plan for an interior/enclosed office building, meticulously designed to maximize utility and aesthetics. The plan features a spacious 6,113 SF building complemented by an expansive 855 SF third-floor patio, ideal for creating an engaging work environment. - Time + Money Saving Advantage: Benefit from a 12-16 month head start on the development process thanks to the pre-approved site plan. - City of Austin Approved: Current plans were submitted and received approval from the City of Austin in 2023. Although the approval expired in September 2023, the groundwork laid by this process is expected to simplify and expedite the re-approval for a new building permit. - Strategic Location: - Investment Opportunity + Potential: GR-MU-NP Zoning Provides a Variety Commercial of Uses - Walk to over a dozen East Austin Restaurants and Bars - 1 block from busy intersection of Easy Cesar Chavez and Pleasant Valley - House has been removed from property - Over 3,000 Apartment Units within 1.5 miles. Easy Commute for employees ~~~~ Also have 2 lots adjacent that front Cesar Chavez that are available for sale. Buy all 3 and combo for larger Mixed Use Development.

Property Features

Location Information

County

Travis

Subdivision

Hartwell

County

Travis

Directions

Head East on Cesar Chavez from I-35. Pass Pleasant Valley. Take left on Broadway. First left is East 2nd - land will be on the left. Next Door to Lustre Pearl East Cocktail Bar

Area

5

Interior Features

Heating

None

Disabled Features

None

Floors

See Remarks

Accessibility

None

Exterior Features

Is New Construction

No

Zoning

GR-MU-NP General Retail

Foundation

None

Buildings

0

Possession

Closing & Funding

Road Description

Asphalt

Water / Sewer

Public Sewer

Has Waterfront

No

Water

Public

Has View

No

Parking Description

None

View

None

Lot Size in Acres

0.146

Additional Information

Other Utilities

Electricity Available, Sewer Available, Water Available

APN

02001205030000

Property Type

COM

Status

Active

Property SubType

Other

Documents Available

Site Plan, See Remarks

Year Built

1947

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Mortgage Calculator

$3,969

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,063

Monthly Tax

$708

Monthly Insurance

$198

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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