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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

119 8Th St Austin, TX 78701

17,104 SF 0.21 ac lot Built 1935
Property ID
Property summary
AI-generated overview

This exceptional two-story, 17,104 square foot creative office building, located at 119 W 8th St in Austin, TX 78701, presents a rare opportunity. Situated on a 0.21-acre lot (8,970 sq ft) in the heart of Downtown Austin's CBD submarket, at the southeast corner of 8th and Colorado Streets, this Class B property offers unparalleled convenience and visibility. Built in 1935 and extensively renovated in 2024, the building boasts a stunning new brick façade, updated storefront windows, and refreshed stucco parapet and exterior lighting. The property features a minimum divisible space of 3,962 square feet and a maximum contiguous space of 7,925 square feet, currently offering 7,925 square feet of vacant space. With its prime location just one block from Congress Avenue's vibrant amenities, including the Paramount Theater, Upstairs at Caroline's, the Contemporary Austin - Jones Center, and numerous restaurants, this property is ideal for retail or office users seeking ground-level direct entry. The property is zoned CBD and has a total of two suites. Annual property taxes are $3.96 per square foot. While there are no on-site parking spaces, the building's central location provides easy access to various parking options. This is a truly unique opportunity to secure a highly desirable space in the dynamic Austin market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1935
Total area 17,104 SF
Lot 0.21 ac (9,148 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • knox photographics (Bike/Boat/Book/etc) Store Photography Service
  • Nelsen Partners, Inc. Architect Interior Designer
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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