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Prime Retail Space on Congress
For Lease
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515 Congress Ave., Austin, TX 78701

Former bank space in Class A office building.

Space Size6,102 SF
Property Size267,956 SF
Days on Market978

Property Features for 515 Congress Ave.

General Information

Standard status Active
Size 6,102 SF
Class A
Property subtype Retail, Office

Building Details

Building Size 267,956 SF
Tenancy Multiple

Spaces For Lease

at 515 Congress Ave. Contact us

Available Space

Size
6,102 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: SHOP Companies Dallas
Listed By: Nicole Wimberly · License #TX
Source: Crexi
Added: Dec 26, 2023 Changed: Aug 27 Last Checked: Aug 28 at 5:20PM

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 SHOP Companies Dallas

Investment Insights

Based on property information with market context.

This retail space, formerly a Bank of America branch, is located at the base of a 267,956 square foot Class A office building. It features prime frontage along Congress Avenue and is centrally located in the downtown core, offering convenient access for local residents and visitors from nearby convention centers and hotels. This location presents a retail opportunity in a high-traffic area.

Key Highlights

  • Prime frontage along Congress.
  • Located in the downtown core.
  • Easy access for locals.

Property Analytics

Current Use

Jimmy John's Take-out & Catering Andiamo Employment Agency Cresa Partners LLC Real Estate Agency Magnitude Software (Bike/Boat/Book/etc) Store Cloudera (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Daycare Center 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

2,663
Businesses Nearby
105k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 23% Apparel 11% Hotels & Casinos 10%
Whataburger Dining
33,713 visits/mo 0.3 miles
Chevron Shops & Services
19,582 visits/mo 0.1 miles
Hopdoddy Burger Bar Dining
10,489 visits/mo 0.4 miles
Amy's Ice Creams Dining
9,423 visits/mo 0.3 miles
Embassy Suites By Hilton Austin Downtown South Congress Hotels & Casinos
8,760 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank space in Class A office building.
Where is this bank located?
The property is located at 515 Congress Ave. Austin, TX.
What are key features of this property?
This property features: Prime frontage along Congress.; Located in the downtown core.; Easy access for locals.
More about this property
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