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Property profile & analytics
FOR LEASE
Office buildings

316 Congress Ave Austin, TX 78701

18,676 SF 0.17 ac lot Built 1900
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-3041572
Property summary
AI-generated overview

This exceptional retail property, located at 316 Congress Ave in the heart of Austin, Texas, offers 14,770 square feet of prime commercial space currently fully vacant and available for lease. The property is divided into two suites, providing flexibility for multiple tenants or a single large occupant. Each suite offers a substantial amount of space, with a minimum divisible space of 6,780 square feet and a maximum contiguous space of 7,990 square feet. This allows for a variety of business models and sizes to thrive in this vibrant Austin location. The property's address, 316 Congress Ave, places it in the center of Austin's bustling downtown area, providing unparalleled access to foot traffic, public transportation, and a dense concentration of businesses and residents. Situated in Travis County, zip code 78701, this property benefits from a highly desirable and sought-after address. The entire 14,770 square feet is currently available, presenting a unique opportunity for a single tenant seeking a large, prominent space or for multiple tenants looking for complementary businesses in a shared location. This is an unparalleled opportunity to establish a presence in one of Austin's most dynamic commercial districts. Contact us today to learn more about leasing this exceptional retail space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction CONCRETE
Total area 18,676 SF
Lot 0.17 ac (7,405 SF)
APN 205020106
UPID US82-3041572
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
  • Unite Asphalt Paving Austin General Contractor Construction Company
  • Patagonia (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k
Owner & transaction history
316 Congress Avenue LP · 5 yrs held
316 Congress Avenue LP
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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