2905 East 2nd | East Austin

0.15 Acres of Commercial Land Offered at $1,176,000 USD in Austin, TX 78702

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,176,000

Property Type
Land

Listing Contacts

DeLea Becker
DeLea Becker
Verified Profile
  • Property Info

Property Overview

- Prime East Austin Location: Situated in the heart of East Austin, this 6800 SF commercial lot offers a strategic position in one of Austin's most dynamic neighborhoods, renowned for its rapid growth, innovation, and vibrant community.
- Zoned GR-MU: Versatile zoning allows for a variety of developments, including highly sought-after retail, restaurant, or cocktail bar, providing endless opportunities for creative and lucrative investment.
- Approved Site Plan for Office Building: Comes with a fully approved site plan for a 6,113 SF interior/enclosed office building, featuring an 855 SF third-floor patio, designed to maximize utility and aesthetics.
- Time and Money Savings: Benefit from a 12-16 month head start in the development process with pre-approved plans, eliminating the need for hiring a team of engineers, architects, and permit expeditors.
- City of Austin Approved: Plans were submitted and approved by the City of Austin in 2023, with an expectation of easy re-approval for a new building permit, simplifying the development process.
- Strategic Development Opportunity: The property's location and zoning offer a unique chance to create a standout office space, retail outlet, restaurant, or bar that meets the needs of Austin's growing commercial landscape.
- Investment Potential: Capitalize on East Austin's continued expansion and the influx of new businesses and creative endeavors, making it an opportune moment for visionary investors and developers.
- Engage with East Austin's Growth:** Represents a rare opportunity to directly contribute to the area's exciting development trajectory, whether you're looking to build a new headquarters, an innovative co-working space, or a multipurpose commercial hub.
Versatile Investment Options:
Although ideally suited for office building development, the lot's zoning and location also provide perfect conditions for establishing retail, restaurant, or bar ventures, catering to a wide range of investor interests.
Looking for land for sale in Austin, but worried about the lengthy development process? This is an ideal location - Austin land with approved site plan. Secure your general contractor and be in your offices in 12 -18 Months. Even running your projects conservatively - the Commercial Real Estate growth trends in Austin, Texas have kept Investors coming back for more for decades.

Property Details

Property Subtype
Commercial

Highlights

  • ZONING: GR-MU-NP Allows for Retail and Restaurant
  • APPROVED SITE PLAN AND ARCHITECT PLANS AVAILABLE
  • Walk to over a dozen East Austin Restaurants and Bars - Including neighbor Lustre Pearl East
  • House and Tree have been removed from property
  • Over 3,000 Apartment Units within 1.5 miles. Easy Commute for employees
  • City Of Austin Eliminated Parking Requiments - ADA Parking Still Required

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