Historic Office Building with
New
For Sale
$4,800,000
1616 Rio Grande St, Austin, TX 78701
Vacant office property with a flexible layout, covered parking, and access to downtown, civic, university, retail, and dining destinations.
Property SizeContact for details
Days on Market3
Property Features for 1616 Rio Grande St
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Austin
Listed By:
Doug Rauls · License #462355
(512) 539-3006
Source:
Colliers
Added: Sep 18
Last Checked: Sep 19 at 5:58AM
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 Austin
Investment Insights
Based on property information with market context.
This office property combines a historic main building constructed in 1900 with a modern addition completed in 1982. The improvements contain 7,479 square feet on approximately 0.409 acres, with a flexible configuration suited to office and professional uses. The building is currently vacant, allowing a new owner or occupant to take possession without an existing tenancy in place.
The property is located at 1616 Rio Grande Street in Austin, near Downtown Austin, the Texas State Capitol, the University of Texas, and the new Travis County Courthouse. Restaurants, retail, entertainment, and professional services surround the site. On-site parking includes 24 spaces, with covered parking included.
The property is located at 1616 Rio Grande Street in Austin, near Downtown Austin, the Texas State Capitol, the University of Texas, and the new Travis County Courthouse. Restaurants, retail, entertainment, and professional services surround the site. On-site parking includes 24 spaces, with covered parking included.
Key Highlights
- 7,479‑square‑foot office building on approximately 0.409 acres
- Historic main structure originally built in 1900
- Modern addition completed in 1982
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,706
Businesses Nearby
Explore this area
Business Placement
Demographics for 78701, TX
11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Vacant office property with a flexible layout, covered parking, and access to downtown, civic, university, retail, and dining destinations.
Where is this office building located?
The property is located at 1616 Rio Grande St Austin, TX.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 7,479‑square‑foot office building on approximately 0.409 acres; Historic main structure originally built in 1900; Modern addition completed in 1982
