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Property profile & analytics
FOR LEASE
Turn key restaurants

207 San Jacinto Blvd Austin, TX 78701

22,888 SF 0.27 ac lot Built 1951
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US83-4074258
Property summary
AI-generated overview

This exceptional 30,000 square foot multi-tenant property at 207 San Jacinto Boulevard in Austin, Texas, 78701 offers a unique blend of traditional and creative office spaces. Currently, 1,003 square feet are vacant, presenting an immediate opportunity for businesses seeking a vibrant downtown location. The building boasts a flexible layout, easily adaptable to various needs. A significant highlight is the approximately 10,000 square foot basement, perfect for events. This versatile space includes three rooms of varying sizes and a prep kitchen, ideal for conferences, workshops, or private functions. The building's architecture and open floor plan provide a blank canvas for creative design and build-outs. For smaller businesses, three private offices, each approximately 120 square feet, are also available. This property is situated in the heart of downtown Austin, at the highly visible intersection of 3rd Street and San Jacinto Boulevard, offering unparalleled access to Austin's thriving business district, cultural attractions, and amenities. The property is classified as Retail, Office, and is suitable for a variety of uses.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction CONCRETE
Total area 22,888 SF
Lot 0.27 ac (11,774 SF)
APN 205021501
UPID US83-4074258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • IRONWOOD REAL ESTATE Real Estate Agency
  • Mai Thai Restaurant Restaurant
  • Hi Hello Events & Venue Hotel & Motel Resort
  • Maiko Sushi Lounge Restaurant
  • Revolución Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$940k
Owner & transaction history
Block Big · 19 yrs held
Block Big
since 2007
5 recorded transactions
2011
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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