Ground-Floor Commercial
For Sale
$450,000
106-2235 E 6th St, Austin, TX 78701
Ground-floor commercial condo with a functional layout in a mixed-use development with both residential and commercial uses.
Property Size723 SF
Price / SF$622.41
Days on Market102
Property Features for 106-2235 E 6th St
General Information
Standard status
Active
Size
723 SF
Listing Agency:
Jorgenson Real Estate
(512) 574-5484
Listed By:
Kasey Jorgenson · License #0607514
(512) 574-5484
Source:
Exprealty
Added: Apr 23
Changed: Jul 28
Last Checked: Jul 31 at 2:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jorgenson Real Estate
Investment Insights
Based on property information with market context.
Condominium Unit 106 is a ground-floor commercial space within a mixed-use development that combines residential and commercial uses. The unit is approximately 723 square feet and is configured to support a variety of office, retail, or professional services setups.
Located at 2235 E 6th Street, the property sits along the East 6th corridor with surrounding urban density and walkability. The location also provides immediate proximity to Downtown Austin, making it suitable for an owner/user seeking a centrally located presence.
Located at 2235 E 6th Street, the property sits along the East 6th corridor with surrounding urban density and walkability. The location also provides immediate proximity to Downtown Austin, making it suitable for an owner/user seeking a centrally located presence.
Key Highlights
- Ground‑floor commercial condo unit 106 in a mixed‑use development with residential and commercial uses
- 623 SF ground‑floor commercial space at 2235 E 6th Street
- Functional layout designed to support a variety of office, retail, or professional services configurations
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $35.88 |
| − Vacancy | −$6.3k | −$8.72 |
| EGI | $19.6k | $27.16 |
| − OpEx | −$4.9k | −$6.79 |
| NOI | $14.7k | $20.37 |
723 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$210.4K
$184.1K – $245.5K
NOI $14,728 @ 7.0% cap · market cap 3.27%
Second Best
Retail
$181.9K
$159.1K – $212.2K
NOI $12,731 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$283.3K
$247.9K – $330.5K
NOI $19,832 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,339
Businesses Nearby
Explore this area
Business Placement
Demographics for 78701, TX
11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-floor commercial condo with a functional layout in a mixed-use development with both residential and commercial uses.
Where is this office units located?
The property is located at 106-2235 E 6th St Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Ground‑floor commercial condo unit 106 in a mixed‑use development with residential and commercial uses; 623 SF ground‑floor commercial space at 2235 E 6th Street; Functional layout designed to support a variety of office, retail, or professional services configurations
