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Historic Mixed-Use Building
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316 Congress Ave, Austin, TX 78701

Mixed-use building with ground-floor space leased on a short-term basis to Patagonia.

Property Size14,770 SF
Lot Size0.17 Acres
Days on Market171

Property Features for 316 Congress Ave

General Information

Standard status Active
Size 14,770 SF
Lot size 0.17 Acres
Property subtype OFFICE
Listing Agency: SRS Real Estate Partners | Austin
Listed By: Cathy Nabours
Source: Moodyscre
Added: Feb 9 Changed: Jul 28 Last Checked: Jul 29 at 3:06PM

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 SRS Real Estate Partners | Austin

Investment Insights

Based on property information with market context.

The W.B. Smith Building, also known as 316 Congress, is a mixed-use property totaling 14,770 square feet on 0.17 acres. The offering highlights the asset’s historic and architecturally significant character.

Located in Downtown Austin on Congress Avenue, the property includes a ground-floor space currently leased on a short-term basis to Patagonia. This existing tenancy provides a measure of near-term income while also creating flexibility for investors when planning for future positioning of the building.

SRS Capital Markets has been exclusively retained to offer qualified investors the opportunity to acquire the 316 Congress building.

Key Highlights

  • 14,770 SF mixed‑use building at 316 Congress in Downtown Austin
  • Sits on 0.17 acres along Congress Avenue
  • Ground‑floor space is leased on a short‑term basis to Patagonia

Property Analytics

Current Use

Unite Asphalt Paving ... General Contractor Patagonia (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Butcher Tanning Salon Mobile Phone Store Fish Market (Bike/Boat/Book/etc) Store Farmer's Market

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

10,360
Businesses Nearby

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

Market

Properties on Market for Mixed-use properties in Travis County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with ground-floor space leased on a short-term basis to Patagonia.
Where is this mixed-use property located?
The property is located at 316 Congress Ave Austin, TX.
What are key features of this property?
This property features: 14,770 SF mixed‑use building at 316 Congress in Downtown Austin; Sits on 0.17 acres along Congress Avenue; Ground‑floor space is leased on a short‑term basis to Patagonia
(512) 236-4613 Call to check price and availability
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