Two-Level Storefront
For Sale
$659,000
1601 E Cesar Chavez ST # 104, Austin, TX 78702
An open lower level and upper loft pair with a kitchen, multiple bathrooms, and controlled-access garage parking.
Property Size1,174 SF
Price / SF$561.33
Days on Market94
Property Features for 1601 E Cesar Chavez ST # 104
General Information
Standard status
Active
Size
1,174 SF
Total Parking Spaces
2
Property subtype
Mixed Use
Additional Details
Floor
Ground,2
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$16,121
Amenities
full kitchen
full bathroom
half bathroom
Building Details
Building Size
1,174 SF
Year Built
2007
Listing Agency:
eXp Realty LLC
Listed By:
Eugene Batson
(888) 519-7431
Source:
Denpg
Added: Jul 6
Changed: Oct 2
Last Checked: Oct 5 at 11:39PM
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 1,174 SF commercial condominium has two levels, with an open ground floor and a loft above for office or collaborative space. A full kitchen, one full bathroom, and one half bath are included. Street-facing glass brings natural light into the storefront. The building was constructed in 2007, and the unit includes two assigned spaces in a controlled-access garage.
At 1601 E Cesar Chavez St in Austin, the property sits within a mixed-use development with residential occupants. Restaurants, coffee shops, and retail businesses are nearby. I-35 and East 6th Street provide access, while Downtown Austin, Lady Bird Lake, and the Saltillo District are described as minutes away.
At 1601 E Cesar Chavez St in Austin, the property sits within a mixed-use development with residential occupants. Restaurants, coffee shops, and retail businesses are nearby. I-35 and East 6th Street provide access, while Downtown Austin, Lady Bird Lake, and the Saltillo District are described as minutes away.
Key Highlights
- Two‑level commercial condominium with approximately 1,174 SF
- Open ground floor and upper loft
- Full kitchen, one full bathroom, and one half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,672
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,440
$413.4K
Cap Rate 7%
$295,314
$295.3K
Cap Rate 9%
$229,689
$229.7K
Market Conditions
NOI Build-Up for 1,174 SF
Gross rent
$30.6K $26.04/SF
− Vacancy
−$1.0K −$0.89/SF
EGI
$29.5K $25.15/SF
− OpEx
−$8.9K −$7.55/SF
NOI
$20.7K $17.61/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,440
Cap Rate 7%
$295,314
Cap Rate 9%
$229,689
Alternative Uses
Best Use
Retail
$295.3K
$258.4K – $344.5K
NOI $20,672 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
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 authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,788
Businesses Nearby
28k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
Snooze
Dining
7,293 visits/mo
0.5 miles
Speedy Stop
Shops & Services
6,035 visits/mo
0.1 miles
Hopdoddy Burger Bar
Dining
5,276 visits/mo
0.5 miles
Gyu-Kaku Japanese BBQ
Dining
4,684 visits/mo
0.4 miles
Citgo
Shops & Services
2,124 visits/mo
0.0 miles
Demographics for 78702, TX
25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
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Frequently Asked Questions
What type of property is this?
Storefront property - An open lower level and upper loft pair with a kitchen, multiple bathrooms, and controlled-access garage parking.
Where is this storefront property located?
The property is located at 1601 E Cesar Chavez ST # 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; Open ground floor and upper loft; Full kitchen, one full bathroom, and one half bath
