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Second-Generation Restaurant with Outdoor Seating
For Sale
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44 East Ave, Austin, TX 78701

Restaurant space features indoor, outdoor, and private seating areas in Austin’s Rainey Street District.

Property Size9,158 SF
Days on Market202

Property Features for 44 East Ave

General Information

Standard status Active
Size 9,158 SF
Property subtype Retail
Lease Type NNN

Building Details

Year Built 2021
Units 1
Listing Agency: Urban Space Commercial
Listed By: Hayden Edwards · License #831707
Source: Crexi
Added: Feb 9 Changed: Aug 30 Last Checked: Aug 30 at 5:22AM

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 Urban Space Commercial

Investment Insights

Based on property information with market context.

This 9,158-square-foot restaurant property occupies a second-generation buildout completed in 2021. The layout includes indoor dining, outdoor seating, and private seating areas, with furnishings and equipment available to transfer with the sale. A liquor license is also available separately.

The property is positioned in Austin’s Rainey Street District along East Avenue, a hospitality and nightlife corridor. More than 7,500 residents are located within a three-block radius, including residents of 44 East Ave. The site offers an operating restaurant configuration with substantial existing seating and transferred FF&E, supporting continued restaurant use without relying on a new construction buildout.

Key Highlights

  • 9,158 SF restaurant property completed in 2021
  • Second‑generation restaurant buildout with indoor, outdoor, and private seating
  • Located in Austin’s Rainey Street District along East Avenue

Property Analytics

Current Use

Tómalo Restaurant Texus Realty Real Estate Agency Lowerre & Frederick Law Firm 44 East Ave Condominium Complex Bacalar Restaurant

Suggested Use

Top Pick Butcher Electrical Service Daycare Center Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store

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

2,477
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 40% Shops & Services 33% Dining 27%
IHOP Dining
21,920 visits/mo 0.4 miles
Chevron Shops & Services
19,582 visits/mo 0.4 miles
Chevron Shops & Services
10,426 visits/mo 0.2 miles
Hotel Van Zandt Hotels & Casinos
9,762 visits/mo 0.4 miles
Embassy Suites By Hilton Austin Downtown South Congress Hotels & Casinos
8,760 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space features indoor, outdoor, and private seating areas in Austin’s Rainey Street District.
Where is this conventional restaurant located?
The property is located at 44 East Ave Austin, TX.
What are key features of this property?
This property features: 9,158 SF restaurant property completed in 2021; Second‑generation restaurant buildout with indoor, outdoor, and private seating; Located in Austin’s Rainey Street District along East Avenue
More about this property
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