East Austin Commercial
For Sale
$450,000
2235 E 6th St 106, Austin, TX 78702
Ground-floor commercial condo in a mixed-use development.
Property Size723 SF
Price / SF$622.41
Days on Market104
Property Features for 2235 E 6th St 106
General Information
Standard status
Active
Size
723 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Jorgenson Real Estate
(512) 574-5484
Listed By:
Kasey Jorgenson · License #0607514
(512) 574-5484
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 10:37AM
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 Jorgenson Real Estate
Investment Insights
Based on property information with market context.
This condominium unit offers an opportunity to acquire a 723 square foot ground-floor commercial condo in East Austin. Located on East 6th Street, the property is part of a mixed-use development combining residential and commercial spaces in an active urban area. The space is suited for an owner/user seeking a centrally located office, retail space, or professional services presence. The layout supports various configurations. Positioned along the East 6th corridor, the property benefits from density, walkability, and proximity to Downtown Austin. The bike score is 89, indicating it is very bikeable. The walk score is 79, indicating it is very walkable. The transit score is 54, indicating good transit.
Key Highlights
- Prime East Austin location on the high‑traffic East 6th Street corridor.
- ±723 SF ground‑floor commercial condo suitable for office, retail, or professional services.**
- Located in a mixed‑use development with residential and commercial synergy.
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 | $25.9k | $35.88 |
| − Vacancy | −$6.3k | −$8.72 |
| EGI | $19.6k | $27.16 |
| − OpEx | −$4.9k | −$6.79 |
| NOI | $14.7k | $20.37 |
723 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$210.4K
$184.1K – $245.5K
NOI $14,728 @ 7.0% cap · market cap 3.27%
Second Best
Retail
$181.9K
$159.1K – $212.2K
NOI $12,731 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$283.3K
$247.9K – $330.5K
NOI $19,832 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-floor commercial condo in a mixed-use development.
Where is this office units located?
The property is located at 2235 E 6th St 106 Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime East Austin location on the high‑traffic East 6th Street corridor.; ±723 SF ground‑floor commercial condo suitable for office, retail, or professional services.**; Located in a mixed‑use development with residential and commercial synergy.
