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    506 Congress Ave Austin, TX 78701

    Sponsored
    For Lease
    Contact for pricing

    Congress Ave Office - 9,709 SF Available

    Lot size:
    18,761 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional creative office space, located at 506 Congress Avenue in the heart of Austin, Texas, offers 9,709 square feet of immediately available space within a larger 18,761 square foot building. The property is designated as a multi-tenant building, perfect for a growing company seeking a vibrant and collaborative work environment. The address is highly desirable, situated in Travis County, with easy access to Austin's thriving downtown area and its numerous amenities. The building provides ample parking, with a ratio of 3 spaces per 1,000 rentable square feet. This presents a unique opportunity for businesses seeking a prominent Austin location with significant space to accommodate expansion or a flexible layout to suit specific needs. The property type is officially classified as an office building, specifically a creative office space, suggesting an open and adaptable floor plan. The zip code is 78701. This listing is for lease and offers a substantial amount of space in a prime Austin location. The available space totals 9,709 square feet, providing ample room for a variety of business configurations. The building's total square footage is 18,761 square feet. This property is an excellent choice for businesses looking to establish or expand their presence in Austin's dynamic market. The convenient location and ample parking make this a highly attractive option.

    Property Features for 506 Congress Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,761 SF

    Unit(s) available at that property

    Space
    Suite 200
    Size
    9,709 SF

    HighLights

    • 3:1,000 parking ratio available at Littlefield Garage (6th & Brazos).
    • Prime location at 6th Street and Congress Avenue.
    • High‑end creative office space featuring exposed ceilings, brick/stone, and wood finishes.
    • Historic building on Congress Avenue.
    • Convenient proximity to Gold's Gym.
    • New pocket park directly in front of the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    thirteen23 Design Agency Kilter Fitness Physical Fitness Program Edelman Public Relations Firm GMC Key Replacement Car Repair And Maintenance Service Ethos by thirteen23 Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.74358
    Latitude
    30.2676391

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    FAQs

    What type of property is this?
    Office space - Congress Ave Office - 9,709 SF Available
    Where is this office space located?
    The property is located at 506 Congress Ave Austin, TX.
    What are key features of this property?
    This property features: 3:1,000 parking ratio available at Littlefield Garage (6th & Brazos).; Prime location at 6th Street and Congress Avenue.; High-end creative office space featuring exposed ceilings, brick/stone, and wood finishes.
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    Austin, TX 78701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Congress Ave Austin, TX 78701
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