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Second-Generation Restaurant Space
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408 Congress Avenue, Austin, TX 78701

2nd gen restaurant suite available for lease at 408 Congress Avenue in Austin, TX.

Space Size1,400 SF - 3,958 SF
Property Size5,358 SF
Days on Market102

Property Features for 408 Congress Avenue

General Information

Standard status Active
Size 1,400 SF - 3,958 SF
Property subtype Retail, Restaurant

Building Details

Building Size 5,358 SF
Tenancy Multiple

Spaces For Lease

at 408 Congress Avenue Contact us

Main Level

Size
3,958 SF
Availability
Active
Contact us

Rooftop Level

Size
1,400 SF
Availability
Active
Contact us
Listing Agency: Caswell Commercial
Listed By: Russ Howard · License #TX
Source: Crexi
Added: May 30 Changed: Sep 7 Last Checked: Sep 8 at 5:38AM

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 Caswell Commercial

Investment Insights

Based on property information with market context.

This offering is a second-generation restaurant space available for lease, positioned for operators looking to open from an existing restaurant setup. The property is described as a conventional restaurant asset, which typically supports a turn-key approach compared with a full buildout from scratch.

The space is located at 408 Congress Avenue in Austin, Texas. This central address is suited for restaurant concepts seeking walk-in oriented demand associated with a downtown corridor.

For tenants evaluating sites, a second-generation restaurant can streamline planning around core restaurant functions, helping reduce time and uncertainty versus starting with a non-restaurant shell. Prospective operators should confirm the specific fit-out details available with the property manager or landlord, including what is included in the current improvements and what updates may be required for the intended concept.

Key Highlights

  • 2nd gen restaurant suite available for lease at 408 Congress Avenue in Austin, TX

Property Analytics

Current Use

SKYHOUSE LOUNGE Bar & Pub 408 Congress Avenue ... Parking Lot & Garage La Bomba Agency Theater & Performing Art Venue

Suggested Use

Top Pick Butcher Tanning Salon Mobile Phone Store (Bike/Boat/Book/etc) Store Fish Market Pet Grooming Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11,339
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 53% Dining 45% Shops & Services 1%
Austin Marriott Downtown Hotels & Casinos
21,058 visits/mo 0.3 miles
Voodoo Doughnut Dining
16,443 visits/mo 0.2 miles
P.F. Chang's Dining
15,688 visits/mo 0.3 miles
Courtyard by Marriott Austin Downtown Convention Center Hotels & Casinos
11,281 visits/mo 0.2 miles
Eddie V's Prime Seafood Dining
8,305 visits/mo 0.2 miles

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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - 2nd gen restaurant suite available for lease at 408 Congress Avenue in Austin, TX.
Where is this conventional restaurant located?
The property is located at 408 Congress Avenue Austin, TX.
What are key features of this property?
This property features: 2nd gen restaurant suite available for lease at 408 Congress Avenue in Austin, TX
More about this property
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