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Investment Highlights

  • Excellent street visibility with full glass storefront frontage
  • Ideal for creative office, showroom, boutique, or professional services
  • Modern loft-style construction with high ceilings and natural light
  • Two level commercial condo with flexible layout
  • Walkable location with strong pedestrian traffic
  • Strong long-term opportunity for owner-user in high-growth submarket

Executive Summary

Waterstreet Lofts is a mixed-use condominium development located in the heart of East Austin’s highly desirable East Cesar Chavez corridor. Completed in 2007, the project combines residential lofts with a limited number of ground-floor commercial units, creating a built-in customer base and a dynamic live/work environment. The building features modern loft-style construction with high ceilings, large windows, and a contemporary industrial aesthetic. Residents and commercial occupants benefit from controlled access, a gated parking garage, and a well-maintained common area structure managed by the condominium association. Positioned at the signalized intersection of Cesar Chavez and Comal, the property offers strong visibility and immediate access to one of Austin’s most active urban corridors. The surrounding area is characterized by a dense mix of residential growth, boutique retail, restaurants, coffee shops, and creative office users, all contributing to consistent pedestrian activity and neighborhood demand. Waterstreet Lofts is located just minutes from Downtown Austin, Lady Bird Lake, and the Saltillo District, with convenient access to I-35 and East 6th Street. The project benefits from long-term growth trends in East Austin, where limited supply of small-format commercial ownership opportunities continues to drive demand from owner-users and local businesses.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 104
  • 1,174 SF
  • Office/Retail
  • $917,439 CAD ($781.46 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
Position your business along one of East Austin’s most active and rapidly evolving corridors. Unit 104 at Waterstreet Lofts offers a rare opportunity to own a high-visibility commercial storefront on East Cesar Chavez, just minutes from Downtown Austin.

The space consists of approximately 1,174 square feet across two levels, featuring expansive street-facing glass frontage that provides strong branding exposure and natural light. The ground floor is well suited for client-facing operations such as a showroom, studio, boutique office, or service-based business, while the upper level offers flexible space for private offices, collaborative work areas, or executive use.

The unit includes a full kitchen and one and a half bathrooms, providing added functionality and flexibility for a variety of uses. Two assigned parking spaces within a controlled-access garage are also included, offering convenient access for both ownership and clientele.

Waterstreet Lofts is a mixed-use development with a built-in residential population, contributing to consistent pedestrian activity. The surrounding East Cesar Chavez corridor is anchored by a dense mix of restaurants, coffee shops, creative studios, and residential growth, supporting a strong local customer base and long-term demand for well-located commercial space.

The property is within close proximity to Lady Bird Lake, the Saltillo District, and East 6th Street, with quick access to I-35 and Downtown Austin.

This is a compelling opportunity for an owner-user seeking a long-term presence in one of Austin’s most supply-constrained urban submarkets.
Sale Notes
Owner-user opportunity in one of East Austin’s most sought-after urban corridors. Ideal for creative office, showroom, or service-based business seeking long-term control of occupancy costs. Strong visibility, walkability, and proximity to Downtown, Saltillo District, and Lady Bird Lake. Limited supply of similar small-format commercial condos in the area.
Unit Unit Size Condo Use Price NOI
Unit 104 1,174 SF Office/Retail $917,439 CAD ($781.46 CAD/SF) -

Unit 104

Unit Size
1,174 SF
Condo Use
Office/Retail
Price
$917,439 CAD ($781.46 CAD/SF)
NOI
-

Unit 104

Unit Size 1,174 SF
Condo Use Office/Retail
Price $917,439 CAD ($781.46 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
Position your business along one of East Austin’s most active and rapidly evolving corridors. Unit 104 at Waterstreet Lofts offers a rare opportunity to own a high-visibility commercial storefront on East Cesar Chavez, just minutes from Downtown Austin.<br> <br> The space consists of approximately 1,174 square feet across two levels, featuring expansive street-facing glass frontage that provides strong branding exposure and natural light. The ground floor is well suited for client-facing operations such as a showroom, studio, boutique office, or service-based business, while the upper level offers flexible space for private offices, collaborative work areas, or executive use.<br> <br> The unit includes a full kitchen and one and a half bathrooms, providing added functionality and flexibility for a variety of uses. Two assigned parking spaces within a controlled-access garage are also included, offering convenient access for both ownership and clientele.<br> <br> Waterstreet Lofts is a mixed-use development with a built-in residential population, contributing to consistent pedestrian activity. The surrounding East Cesar Chavez corridor is anchored by a dense mix of restaurants, coffee shops, creative studios, and residential growth, supporting a strong local customer base and long-term demand for well-located commercial space.<br> <br> The property is within close proximity to Lady Bird Lake, the Saltillo District, and East 6th Street, with quick access to I-35 and Downtown Austin.<br> <br> This is a compelling opportunity for an owner-user seeking a long-term presence in one of Austin’s most supply-constrained urban submarkets.</li></ul>
Sale Notes
Owner-user opportunity in one of East Austin’s most sought-after urban corridors. Ideal for creative office, showroom, or service-based business seeking long-term control of occupancy costs. Strong visibility, walkability, and proximity to Downtown, Saltillo District, and Lady Bird Lake. Limited supply of similar small-format commercial condos in the area.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 70,816 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 2
Typical Floor Size 587 SF
Year Built 2007
Lot Size 1.63 AC
Parking Ratio 0.01/1,000 SF
Zoning Commercial-Residential

Amenities

Site Amenities

  • 24 Hour Access
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - -
1+1 11 - 828
2+2 11 - 1,500
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Very bikeable
80/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Structura - Jan 0000
  • Listing ID: 40227158

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 1601 E Cesar Chavez St, Austin, TX 78702

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