2404 Rio Grande St
Austin, TX 78705
Office Property For Sale

Franklin Street is pleased to present The Parker House, a storybook historical home with plenty of room to build a low-rise building behind. Located within the vibrant West Campus submarket of Austin, this property is convenient to the University of Texas, Downtown, Shoal Creek Greenbelt Trail and neighborhood retail, bars and restaurants. The possibilities are endless from a coffee house to a potential bar (zoning pending), or an office space. All of which could be tastefully incorporated, with approval of the historical preservation. A buyer’s future could include student housing, condos, or a potential boutique hotel. Alternatively, from leasing The Parker House, this site is a great buy and hold investment opportunity with abundant parking.
Zoning Notes: The property is zoned General Office (GO), Multifamily (MF-4) and General Commercial Services (CS), meaning that neighborhood commercial or multifamily development is permitted subject to the West Campus Neighborhood Plan Overlay. Each of these zoning designations has its own unique development standards, so further investigation will be necessary to fully determine which zoning designation the city of Austin will apply to any redevelopment.