Two-Level Retail/Office
1601 E Cesar Chavez St Unit 104 Austin, TX 78702
1601 E Cesar Chavez St Unit 104, Austin, TX, 78702
$659,000
For Sale
$659,000
Two-level commercial condominium with expansive street-facing glass, full kitchen, and two assigned parking spaces.
Property Size1,174 SF
Price / SF$561.33
Days on Market19
Property Features for 1601 E Cesar Chavez St Unit 104
General Information
- Standard status
- Active
- Size
- 1,174 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2007
Listing agency
eXp Realty LLC
(512) 909-5080
Listed by
Eugene Batson
(512) 909-5080
Source
Xome
Added: Jul 3 Updated: Jul 21 at 5:16AM Checked: Jul 21 at 5:16AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This two-level commercial condominium includes an open ground floor and a second-level loft area. The space features expansive street-facing glass frontage designed for strong natural light and visibility. Interior amenities include a full kitchen, one full bathroom, and an additional half bath. The layout offers flexibility for client-facing operations on the ground floor and private or collaborative work use upstairs.
The property is located in a mixed-use development with a built-in residential population and consistent pedestrian activity. It is positioned along East Cesar Chavez, with proximity to restaurants, coffee shops, and retail, and convenient access to I-35 and East 6th Street.
Two assigned parking spaces are included in a controlled-access garage, with additional street parking nearby. The unit is offered for sale as a well-located owner-user or adaptable commercial space within the East Austin corridor.
The property is located in a mixed-use development with a built-in residential population and consistent pedestrian activity. It is positioned along East Cesar Chavez, with proximity to restaurants, coffee shops, and retail, and convenient access to I-35 and East 6th Street.
Two assigned parking spaces are included in a controlled-access garage, with additional street parking nearby. The unit is offered for sale as a well-located owner-user or adaptable commercial space within the East Austin corridor.
Key Highlights
- Two‑level commercial condominium with approximately 1,174 SF and expansive street‑facing glass frontage
- Open ground floor for client‑facing use, plus a second‑level loft suitable for private offices or collaborative workspace
- Includes a full kitchen, one full bathroom, and an additional half bath
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 | $42.1k | $35.88 |
| − Vacancy | −$10.2k | −$8.72 |
| EGI | $31.9k | $27.16 |
| − OpEx | −$8.0k | −$6.79 |
| NOI | $23.9k | $20.37 |
1,174 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$341.6K
$298.9K – $398.6K
NOI $23,915 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$295.3K
$258.4K – $344.5K
NOI $20,672 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$460.1K
$402.6K – $536.7K
NOI $32,204 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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Laura Wiggins, All ...
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FAQs
What type of property is this?
Office units - Two-level commercial condominium with expansive street-facing glass, full kitchen, and two assigned parking spaces.
Where is this office units located?
The property is located at 1601 E Cesar Chavez St Unit 104 Austin, TX.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two‑level commercial condominium with approximately 1,174 SF and expansive street‑facing glass frontage; Open ground floor for client‑facing use, plus a second‑level loft suitable for private offices or collaborative workspace; Includes a full kitchen, one full bathroom, and an additional half bath
