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 Size721 SF
Price / SF$624.13
Days on Market194
Property Features for 2235 E 6th St 106
General Information
Standard status
Active
Size
721 SF
Site & Location
Neighborhood
Holly
Building Details
Year Built
2007
Listing Agency:
Jorgenson Real Estate
Listed By:
Kasey Jorgenson · License #0607514
(512) 574-5484
Source:
Cityviewtx
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 7 at 3:52PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$14,687
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,740
$293.7K
Cap Rate 7%
$209,814
$209.8K
Cap Rate 9%
$163,189
$163.2K
Market Conditions
NOI Build-Up for 721 SF
Gross rent
$25.9K $35.88/SF
− Vacancy
−$6.3K −$8.72/SF
EGI
$19.6K $27.16/SF
− OpEx
−$4.9K −$6.79/SF
NOI
$14.7K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,740
Cap Rate 7%
$209,814
Cap Rate 9%
$163,189
Alternative Uses
Best Use
Office B
$209.8K
$183.6K – $244.8K
NOI $14,687 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$181.4K
$158.7K – $211.6K
NOI $12,696 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$282.5K
$247.2K – $329.6K
NOI $19,778 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office unit - Ground-floor commercial condo in a mixed-use development.
Where is this office unit 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.
