Office Building for
1157 Chicon St Austin, TX 78702
1157 Chicon St, Austin, TX, 78702
$675,000
For Sale
$675,000
Office building offered for sale at 1157 Chicon St in Austin, with approximately 1,112 square feet of space.
Property Size1,112 SF
Price / SF$607.01
Days on Market294
Property Features for 1157 Chicon St
General Information
- Standard status
- Active
- Size
- 1,112 SF
- Property subtype
- Office
Building Details
- Year Built
- 1957
Listing Agency
(512) 771-1500
Listed by
Allure Real Estate
(512) 771-1500
Source
Xome
Added: Oct 1, 2025 Updated: Jul 20 at 4:52 pm Checked: Jul 21 at 3:10 am
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 Allure Real Estate
Investment Insights
Based on property information with market context.
This office building is being offered for sale and includes approximately 1,112 square feet of commercial office space. The property is listed as a commercial real estate asset under office buildings/office spaces classifications.
The building is located at 1157 Chicon St in Austin, Texas (78702).
The building is located at 1157 Chicon St in Austin, Texas (78702).
Key Highlights
- Office building for sale at 1157 Chicon St in Austin
- Approximately 1,112 sq ft of office space
- Year built: 1957
Local 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 | $39.9k | $35.88 |
| − Vacancy | −$9.7k | −$8.72 |
| EGI | $30.2k | $27.16 |
| − OpEx | −$7.6k | −$6.79 |
| NOI | $22.7k | $20.37 |
1,112 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$323.6K
$283.2K – $377.5K
NOI $22,652 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.8K
$381.3K – $508.4K
NOI $30,503 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MARK VANNESS TATTOO
Tattoo & Piercing Shop
Donny Newman Tattoos
Tattoo & Piercing Shop
Triple Crown Tattoo
Tattoo & Piercing Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered for sale at 1157 Chicon St in Austin, with approximately 1,112 square feet of space.
Where is this office building located?
The property is located at 1157 Chicon St Austin, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Office building for sale at 1157 Chicon St in Austin; Approximately 1,112 sq ft of office space; Year built: 1957
