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Two-Lot Operating Restaurant
For Sale
$3,099,900

2448 S 1st ST, Austin, TX 78704

Existing restaurant improvements include the building, land, and associated FF&E.

Property Size2,439 SF
Days on Market170

Property Features for 2448 S 1st ST

General Information

Standard status Active
Size 2,439 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $20,807

Building Details

Building Size 2,439 SF
Year Built 1963
Listing Agency: Real Estate Executives of Aus
Listed By: Herb Martinez
Source: Teamwestre
Added: Feb 15 Changed: Aug 4 Last Checked: Aug 4 at 3:59AM

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 Real Estate Executives of Aus

Investment Insights

Based on property information with market context.

This restaurant property includes two contiguous lots with an existing operating restaurant, the building, underlying land, and associated FF&E. The business has operated at this location for over 25 years, providing an established commercial use within the property’s existing improvements. The building dates to 1963.

The combined lots contain 15,264 sq.ft., or .35AC, and are located at 2448 S 1st ST in Austin’s 78704 area, just over two miles from Downtown Austin. Zoning is CS-V-ETOD-DBETOD, combining Commercial Services with Vertical Mixed Use, East Riverside Transit-Oriented Development, and Density Bonus ETOD designations. The stated framework allows residential units above ground-floor commercial space, emphasizes walkability and density, may reduce parking requirements, and can allow additional height, density, or floor-area ratio under the applicable density bonus provisions.

Key Highlights

  • Two contiguous lots totaling 15,264 sq.ft. and .35AC
  • Operating restaurant includes land, building, and associated FF&E
  • Restaurant business has operated at the location for over 25 years

Property Analytics

Current Use

Taqueria Arandas Restaurant

Suggested Use

Top Pick Building Supply Law Firm Dental Office Auto Parts Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,780
Businesses Nearby
201k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 63% Dining 19% Shops & Services 17% Home Improvements & Furnishings 1%
H-E-B Groceries
125,399 visits/mo 0.3 miles
Starbucks Dining
12,820 visits/mo 0.1 miles
Taco Bell Dining
10,546 visits/mo 0.5 miles
Texaco Shops & Services
9,808 visits/mo 0.1 miles
Domino's Pizza Dining
9,693 visits/mo 0.4 miles

Demographics for 78704, TX

49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value

Market

Vacancy Rate% for Retail in Austin, TX

5.3% 2019
6.4% 2020
5.2% 2021
4% 2022
4.1% 2023
3.9% 2024
4.1% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include the building, land, and associated FF&E.
Where is this conventional restaurant located?
The property is located at 2448 S 1st ST Austin, TX.
What is the asking price?
The asking price for this property is $3,099,900.
What are key features of this property?
This property features: Two contiguous lots totaling 15,264 sq.ft. and .35AC; Operating restaurant includes land, building, and associated FF&E; Restaurant business has operated at the location for over 25 years
More about this property
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