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Investment Highlights

  • Generational Owner User or Repositioning Opportunity for Prominent Retail Site
  • Existing Improvements Offer Adaptive Reuse, Repositioning, or Owner User Opportunity
  • Favorable CS Zoning Supports Variety of Retail Uses & Density for Redevelopment
  • 15,969 SF Available Across Two Buildings | 1.0438 Acre Site Adjacent to UT Campus
  • Coveted Guadalupe Address in Central Austin Location
  • Existing Tenant Provides Near Term Cash Flow

Executive Summary

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present 3101 Guadalupe Street, an exceptional owner-user or retail re-positioning opportunity situated
along one of Central Austin’s most iconic corridors. The property consists of a 13,507 square foot primary building and a 2,462 square foot adjacent retail building positioned
on a 1.0438 acre site within the desirable Central submarket, directly adjacent to the University of Texas campus area and surrounded by dense, walkable amenities.
The property is currently occupied by the beloved Wheatsville Co-Op Grocery Store, who plans to vacate at the end of their lease term on December 31, 2026, providing near-term availability for an owner-user to occupy or for an investor to pursue a range of repositioning or redevelopment strategies. The site features a rare combination of high-visibility frontage along Guadalupe Street, strong surrounding demographics, and inclusion within favorable zoning overlays enhancing current usability with long-term development potential.
With approximately 46 on-site parking spaces and an efficient existing building footprint, the property is well-suited for adaptive reuse, creative retail, medical, specialty grocery, or service-oriented concepts. For developers, the site represents a generational opportunity to deploy a mixed-use or multifamily project in one of Austin’s most supply-constrained trade areas—supported by exceptional retail fundamentals, including 96%+ occupancy in both the Austin MSA and Central submarket.
Further enhancing its investment profile, the asset benefits from proximity to 55,000+ students and 4,800+ faculty/staff at UT Austin, driving consistent daily demand and foot traffic. The surrounding neighborhood has evolved into a vibrant retail hub with restaurants, vintage shops, campus-serving retailers, and dense residential development.
3101 Guadalupe represents a rare opportunity to acquire a generational retail or covered land site in the heart of Central Austin—offering immediate usability, long-term appreciation potential, and a premier address along one of the city’s most enduring commercial corridors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,969 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
1.04 AC
Zoning
CS - CS - General Commercial Services NCCD - Neighborhood Conservation Combining District ETOD - Equitable Transit-Oriented Development DBETOD
Parking
46 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
209’ on Guadalupe St

Amenities

  • Dedicated Turn Lane

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Jan 0000

Wheatsville Co-op's mission is to create a self-reliant, self-empowering community of people that will grow and promote a transformation of society toward cooperation, justice, and non-exploitation. They are a full service, natural foods cooperative grocery store, which has been serving the central Austin community since 1976. Wheatsville is the only retail food cooperative in Texas and has over 21,000 invested owners. Invested owners participate democratically and financially in the co-op. In 2013, they were proud to have realized our dream of opening a second store.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Jan 0000
Exceptionally walkable
90/100
Very drivable
80/100
Strong public transit
80/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Anytime Fitness
Five Guys
Blimpie
WaFd Bank
Starbucks
Chase Bank
Snooze an A.M. Eatery
P. Terry's
Mendocino Farms
Bank of America

Property Taxes

Property Taxes

Parcel Number
211210
Land Assessment
$7,584,396 CAD
Improvements Assessment
$227,404 CAD
Total Assessment
$7,811,800 CAD
  • Listing ID: 39956483

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 3101 Guadalupe St, Austin, TX 78705

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