1708 Congress Ave Austin, TX 78704
This exceptional 3,298 square foot retail property is ideally situated on South Congress Avenue (SoCo) in Austin, Texas, within Travis County. The property is currently 100% occupied under a single-tenant lease. Its location in the vibrant SoCo district places it at the heart of Austin's renowned entertainment and retail scene, attracting both local residents and tourists. This area is celebrated for its diverse mix of businesses, including national and international brands, restaurants, unique shops, boutiques, bars, and live music venues. The high foot traffic and walkability of SoCo, combined with ample street parking and convenient access to ride-sharing services and scooters, make this a highly desirable location for retail businesses. The property's single-tenant occupancy ensures a stable income stream. This presents a compelling investment opportunity in a thriving and sought-after Austin neighborhood. The zip code is 78704.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.