Street-Level Live/Work
2209 S 1st Unit Unit 107 Austin, TX 78704
2209 S 1st Unit Unit 107, Austin, TX, 78704
$849,000
For Sale
$849,000
Designed with ground-floor storefront space and live/work functionality along S 1st in 78704.
Property Size1,286 SF
Price / SF$660.19
Days on Market155
Property Features for 2209 S 1st Unit Unit 107
General Information
- Standard status
- Active
- Size
- 1,286 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2023
Listing agency
Compass RE Texas, LLC
(512) 757-7326
Listed by
Mike Harper · License #0609983
(512) 757-7326
Source
Xome
Added: Feb 16 Updated: Jul 20 at 8:52PM Checked: Jul 21 at 3:02AM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
One Oak offers street-level live/work storefront space, combining dedicated professional areas with modern living quarters in a single setting. The ground-floor plan is designed to provide visibility and accessibility, while the upper living areas support an integrated day-to-day routine within the same property.
The property is set along the eastern edge of South First Street in the heart of Bouldin Creek, Austin’s 78704 zip code. The surrounding corridor is described as featuring locally owned shops and walkable neighborhood character.
Unit 107 at 2209 S 1st is presented for sale as part of the One Oak live/work concept, with layouts intended to support flexible self-owned business use alongside on-site living.
The property is set along the eastern edge of South First Street in the heart of Bouldin Creek, Austin’s 78704 zip code. The surrounding corridor is described as featuring locally owned shops and walkable neighborhood character.
Unit 107 at 2209 S 1st is presented for sale as part of the One Oak live/work concept, with layouts intended to support flexible self-owned business use alongside on-site living.
Key Highlights
- Live/work property with ground‑floor storefront space along S 1st in Austin’s 78704 area
- Zoning: residential/commercial
- Built in 2023
Local Financial Insights For Specialty Retail
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 | $35.5k | $27.60 |
| − Vacancy | −$1.1k | −$0.83 |
| EGI | $34.4k | $26.77 |
| − OpEx | −$8.6k | −$6.69 |
| NOI | $25.8k | $20.08 |
1,286 SF · lease $27.60/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$368.9K
$322.8K – $430.4K
NOI $25,822 @ 7.0% cap · market cap 3.04%
Second Best
Retail
$323.5K
$283.1K – $377.4K
NOI $22,644 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$536.3K
$469.2K – $625.6K
NOI $37,538 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Art In A Nutshell
Art Gallery
Catexperts | Mold |Environmental ...
Environmental Consultant
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FAQs
What type of property is this?
Live-work space - Designed with ground-floor storefront space and live/work functionality along S 1st in 78704.
Where is this live-work space located?
The property is located at 2209 S 1st Unit Unit 107 Austin, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Live/work property with ground‑floor storefront space along S 1st in Austin’s 78704 area; Zoning: residential/commercial; Built in 2023