1308 12Th St Austin, TX 78702
- Office Properties & Spaces
- 0.32 lot acres
Current Use by Public Records
- PUNK ROCK LOTTERY AUSTIN / Event Management Company
Property Details for 1308 12Th St
- Lot size
- 0.32 lot acres
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional redevelopment opportunity encompasses two buildings situated on a 0.32-acre lot at 1308 & 1310 E 12th St, Austin, TX 78702. The property, zoned CS-MU-NCCD-NP, presents a unique chance to capitalize on the vibrant East Austin market. Built in 1930 and 1967, the existing single-story structures offer a blank canvas for creative vision. The location within the East 12th Street Business District provides immediate access to a diverse mix of established businesses, including restaurants (The Original New Orleans Po-Boy and Gumbo Shop, Sam's BBQ, Galloways Sandwich Shop), retail shops, and service providers (Altatudes, Ideal Barber Shop, Linder Insurance). Proximity to popular Austin destinations like Franklin BBQ, Hillside Farmacy, Trona, The Chicon, Full Circle Bar, and Hoovers further enhances the property's appeal. The area also boasts numerous multifamily developments, including The Avenir, Eleven by Windsor, and AMLI Eastside, indicating strong residential growth and demand. This prime location and flexible zoning offer significant potential for a variety of development projects, making this a compelling investment opportunity for $2,250,000. The property's history and its position within a rapidly evolving neighborhood combine to create a truly unique and promising investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.726
- Latitude
- 30.273
