Log In/Sign Up
Your email has been sent.
Sweet, Sweet Land Cover Play 2214 S 1st St 752 SF Retail Building Austin, TX 78704 $2,086,900 CAD ($2,775.13 CAD/SF)
INVESTMENT HIGHLIGHTS
- Location , walkable, near high end developments.
- Rare Downtown Austin Redevelopment Opportunity in the Sought-After South First Street/Bouldin Creek Neighborhood
- More Than 372,311 Residents (Five-Mile Radius) and an Average Household Income of $141,396 (One-Mile Radius)
- The Daytime Population Increases by 81 Percent Due to 675,249 Employees Within a Five-Mile Radius
EXECUTIVE SUMMARY
One-story free-standing house with 6 parking spots on the back. Front entry and back ramp. Bathroom and kitchen. Great location with several brand new mixed-used projects in progress nearby. Fully permitted for food services, coffee shop etc., grease tarp present. Heavy day-time foot traffic. High net worth clientele. Amazing location with views of downtown. Great for owner/user or investor, also, great redevelopment opportunity in the long term. A mixed-used large development was just completed access the street and 5 other huge mixed-used developments in the works with completion dates in the next 1-2 years. Perfect spot for retail, office or drive in coffee , donuts, ice-cream, juice shop, Boba tea, etc.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$85,207
|
$113.31
|
| Other Income |
$27,255
|
$36.24
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$112,462
|
$149.55
|
| Taxes |
$21,705
|
$28.86
|
| Operating Expenses |
$1,099
|
$1.46
|
| Total Expenses |
$22,804
|
$30.32
|
| Net Operating Income |
$89,659
|
$119.23
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $85,207 |
| Annual Per SF | $113.31 |
| Other Income (CAD) | |
|---|---|
| Annual | $27,255 |
| Annual Per SF | $36.24 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $112,462 |
| Annual Per SF | $149.55 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,705 |
| Annual Per SF | $28.86 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,099 |
| Annual Per SF | $1.46 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,804 |
| Annual Per SF | $30.32 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $89,659 |
| Annual Per SF | $119.23 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
752 SF
Building Class
C
Year Built
1973
Price
$2,086,900 CAD
Price Per SF
$2,775.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.12 AC
Zoning
MU-Mixed Use - CS - Zoned, general commercial. Perfect spot for retail, office or drive through restaurant. Huge redevelopment potential.
Parking
5 Spaces (6.65 Spaces per 1,000 SF Leased)
Frontage
70’ on S 1st St
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- HEB
- Retailer
- -
- -
- -
- Phoebe's Diner
- Retailer
- -
- -
- -
- Starbucks
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| HEB | Retailer | - | - | - | ||
| Phoebe's Diner | Retailer | - | - | - | ||
| Starbucks | Retailer | - | - | - |
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 303817 | Total Assessment | $1,084,862 CAD |
| Land Assessment | $1,084,860 CAD | Annual Taxes | $21,705 CAD ($28.86 CAD/SF) |
| Improvements Assessment | $1 CAD | Tax Year | 2025 Payable 2026 |
PROPERTY TAXES
Parcel Number
303817
Land Assessment
$1,084,860 CAD
Improvements Assessment
$1 CAD
Total Assessment
$1,084,862 CAD
Annual Taxes
$21,705 CAD ($28.86 CAD/SF)
Tax Year
2025 Payable 2026
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Sweet, Sweet Land Cover Play | 2214 S 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.