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Renovated Commercial Space on Oltorf
For Lease
$4,000/Mo

502 W Oltorf St, Austin, TX 78704

Versatile commercial space ideal for office or spa use.

Space SizeContact for details
Days on Market970

Property Features for 502 W Oltorf St

General Information

Standard status Active
Listing Agency: Engel & Volkers Austin
Listed By: Carrie Yeager · License #0720195
Source: Exprealty
Added: Feb 22, 2024 Changed: Oct 9 Last Checked: Oct 19 at 1:04PM

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 Engel & Volkers Austin

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Investment Insights

Based on property information with market context.

This renovated commercial space is suitable for an office or spa. It features a reception area, two smaller rooms on one side, and two larger rooms on the other. The property includes front and back porches. Parking is available at the rear of the building. Located on Oltorf Street, next to S 1st Street, the property offers visibility and accessibility in a vibrant neighborhood.

Key Highlights

  • High‑visibility location on Oltorf Street, next to S 1st Street.
  • Versatile layout with reception area, two smaller rooms, and two larger rooms.
  • Ample parking available at the rear of the building.

Property Analytics

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Current Use

Fuentes Hair & Beauty ... Hair Salon

Suggested Use

Top Pick Locksmith Home Appliance Store Electrical Service Cosmetic Store Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,543
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78704, TX

49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Austin, TX

$26.55 /SF/Yr
Avg Asking Price
$1.04–$104 /SF/Yr
Price Range
20,012 SF
Avg Space Size

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Similar Off Market Nearby

  • Cybraics — 200 E Live Oak St, Austin, TX 78704
  • uBreakiFix - Phone and Computer Repair — 2210 S 1st St Unit M, Austin, TX 78704
  • SpyCloud — 2130 S Congress Ave, Austin, TX 78704
  • Office Depot Tech Services — 2101 S Lamar Blvd, Austin, TX 78704
  • CieloWorks — 1632 S 1st St, Austin, TX 78704

Frequently Asked Questions

What type of property is this?
Office space - Versatile commercial space ideal for office or spa use.
Where is this office space located?
The property is located at 502 W Oltorf St Austin, TX.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: High‑visibility location on Oltorf Street, next to S 1st Street.; Versatile layout with reception area, two smaller rooms, and two larger rooms.; Ample parking available at the rear of the building.
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