Freestanding Bar and
For Sale
Contact for pricing
3501 E 7th Street, Austin, TX 78702
A corner parcel provides a prominent setting along East 7th Street in Austin.
Property Size2,924 SF
Lot Size0.37 Acres
Price / SF$0.03
Days on Market27
Property Features for 3501 E 7th Street
General Information
Standard status
Active
Size
2,924 SF
Lot size
0.37 Acres
Property subtype
Other
Site & Location
Neighborhood
Govalle
Corner Location
Yes
Additional Details
Currently Operating
Yes
Building Details
Year Built
1963
Buildings
1
Listing Agency:
Abrams & Associates Realty LLC
(512) 900-9905
Listed By:
Daniel Garcia · License #0764037
(512) 350-8200
Source:
Crossingsrealestate
Added: Oct 7
Changed: Oct 31
Last Checked: Oct 31 at 2:59AM
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 Abrams & Associates Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding bar and pub property contains 2,924 square feet of interior space on a 0.37-acre corner lot. Built in 1963, the building is identified as a hospitality venue, with the interior described as adaptable for commercial use.
The property is located on East 7th Street in Austin, Texas. Its corner position places it along the East 7th Street corridor.
The property is located on East 7th Street in Austin, Texas. Its corner position places it along the East 7th Street corridor.
Key Highlights
- 2,924 square feet of interior space
- 0.37‑acre corner lot
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,164
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,280
$1.1M
Cap Rate 7%
$788,057
$788.1K
Cap Rate 9%
$612,933
$612.9K
Market Conditions
NOI Build-Up for 2,924 SF
Gross rent
$76.1K $26.04/SF
− Vacancy
−$2.6K −$0.89/SF
EGI
$73.6K $25.15/SF
− OpEx
−$18.4K −$6.29/SF
NOI
$55.2K $18.87/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,280
Cap Rate 7%
$788,057
Cap Rate 9%
$612,933
Alternative Uses
Best Use
Specialty Retail
$788.1K
$689.6K – $919.4K
NOI $55,164 @ 7.0% cap · market cap 68,955.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,207 @ 7.0% cap · market cap 100,258.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,283
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Goodwill
Apparel
4,262 visits/mo
0.5 miles
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 Retail in Austin, TX
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Frequently Asked Questions
What type of property is this?
Bar & Pub - A corner parcel provides a prominent setting along East 7th Street in Austin.
Where is this bar & pub located?
The property is located at 3501 E 7th Street Austin, TX.
What are key features of this property?
This property features: 2,924 square feet of interior space; 0.37‑acre corner lot; Built in 1963
