2444 1st St Austin, TX 78704-5449

Property Details for 2444 1st St

Year built

1949

Construction

WOOD FRAME

Lot size

0.15 lot acres

Property size

1,280 SF

Property type

Office buildings

APN

404040710

APU

404040710

Description

This exceptional investment opportunity or owner-occupied property is located at 2444 S 1st St, Austin, TX 78704. The property consists of two buildings totaling 1,735 square feet on a 6,416 square foot lot. The main building offers 1,280 square feet and features a three-bedroom, one-bathroom layout with a kitchen. The second building, at 455 square feet, also includes a kitchen and bathroom. Built in 1949 and renovated in 2007, this Class C property boasts 70 feet of prime South 1st Street frontage and five dedicated parking spaces. Its location across from a park and 2.8 miles from the state capitol offers significant advantages. The property is zoned GR and is currently occupied by a successful high-end hair salon, which may consider a leaseback arrangement. The asking price is $1,480,000 ($853.03 per square foot). This unique property presents a rare chance to own two retail spaces in one location, ideal for owner-occupancy and/or rental income. The high average household income ($141,341) and median income ($89,258) in the 78704 zip code, along with the proximity to a new H-E-B on South Congress, further enhance the investment potential. This is a fee simple ownership opportunity. The APN is 305698.