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    2nd St Austin, TX 78701

    For Lease
    Contact for pricing

    Downtown Austin retail, multiple units, ample parking.

    Lot size:
    10,581 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located in Austin's vibrant 2nd Street District, spanning from San Antonio Street to Colorado Street. The property boasts a total of 10,581 square feet of commercial space, with multiple tenancy options available. Currently, 3,180 square feet are vacant, offering flexible layouts ranging from a minimum of 907 square feet to a maximum contiguous space of 2,273 square feet. This allows for diverse business needs, from smaller boutiques to larger retail establishments. The property's strategic location places it within the heart of Austin's bustling downtown core, surrounded by over 50 specialty shops, services, and restaurants. Landmark locations such as the Austin City Limits Live at The Moody Theater and the Austin Central Library are also within close proximity, ensuring high foot traffic and visibility. Convenient parking is provided via a combination of garage and street parking, catering to both customers and employees. This property presents a unique chance to establish a presence in one of Austin's most sought-after retail districts in Travis County, Texas, with a 78701 zip code. The property is categorized as Retail Commercial.

    Property Features for 2nd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,581 SF

    Unit(s) available at that property

    Space
    Block 22
    Size
    907 SF
    Space
    Block 4
    Size
    2,273 SF

    HighLights

    • 10,581 SF retail space in Austin's 2nd Street District, Travis County, TX (78701).
    • Multiple suites available, ranging from 872 SF to 2,273 SF; 3,180 SF currently vacant.
    • Prime downtown location near Austin City Limits Live and the Central Library, offering high foot traffic.
    • Convenient garage and street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7485243
    Latitude
    30.2657116

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    FAQs

    What type of property is this?
    Retail property - Downtown Austin retail, multiple units, ample parking.
    Where is this retail property located?
    The property is located at 2nd St Austin, TX.
    What are key features of this property?
    This property features: 10,581 SF retail space in Austin's 2nd Street District, Travis County, TX (78701).; Multiple suites available, ranging from 872 SF to 2,273 SF; 3,180 SF currently vacant.; Prime downtown location near Austin City Limits Live and the Central Library, offering high foot traffic.
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    2nd St Austin, TX 78701
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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
    2nd St Austin, TX 78701
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