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Faits saillants de l'investissement
- Rare commercial opportunity in one of Austin’s fastest-growing neighborhoods
- High-visibility frontage on E MLK, one of East Austin’s main arterial corridors
- Exceptional parking ratio of 5.07/1,000 SF - a scarce amenity in East Austin
- Prime user or redevelopment opportunity on a flexible LO-MU-zoned site
- Signalized, highly trafficked intersection at E MLK and Chicon St
- Dense, walkable location near UT Austin, Downtown, and Mueller/Saltillo districts
Résumé de l'annonce
Positioned on one of East Austin’s primary arterial roads and surrounded by numerous dense infill developments, 1709 E MLK sits at the heart of one of Austin’s most youthful, vibrant, and rapidly growing submarkets. The property is within walking distance of the University of Texas and just a short drive to Downtown Austin’s CBD, with immediate proximity to East Austin’s The Saltillo development, Mueller District, and the Historic Hancock neighborhood. This coveted Central East Austin location offers outstanding commuter access and is surrounded by an abundance of dining, retail, and entertainment amenities.
Given this location, the property offers the next buyer several attractive options: an investor interested in site redevelopment, a renovation play, or an owner-user seeking office space in a great location. The site benefits from high visibility near the signalized intersection of E MLK and Chicon St, one of East Austin’s most heavily trafficked corners, and represents a compelling opportunity to invest in one of East Austin’s fastest-growing areas.
The property also carries a strong connectivity advantage - just 0.6 miles from I-35, roughly 1.0 mile from Airport Blvd, and 3.5 miles from Hwy 183. The immediate area is anchored by some of Austin’s most sought-after amenities, including Juice Land and Sour Duck Market, plus East Austin’s acclaimed restaurant row featuring Este, Haymaker, Vortex, Salty Sow, and School House Pub.
Given this location, the property offers the next buyer several attractive options: an investor interested in site redevelopment, a renovation play, or an owner-user seeking office space in a great location. The site benefits from high visibility near the signalized intersection of E MLK and Chicon St, one of East Austin’s most heavily trafficked corners, and represents a compelling opportunity to invest in one of East Austin’s fastest-growing areas.
The property also carries a strong connectivity advantage - just 0.6 miles from I-35, roughly 1.0 mile from Airport Blvd, and 3.5 miles from Hwy 183. The immediate area is anchored by some of Austin’s most sought-after amenities, including Juice Land and Sour Duck Market, plus East Austin’s acclaimed restaurant row featuring Este, Haymaker, Vortex, Salty Sow, and School House Pub.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
3 348 pi²
Classe d’immeuble
C
Année de construction
1980
Location
Unique
Hauteur du bâtiment
2 étages
Superficie de plancher typique
3 348 pi²
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
0,29 AC
Zonage
LO-MU-NP
Stationnement
17 places (5,08 places par 1 000 pi² loué)
Très accessible à pied
80/100
Moyennement adapté aux voitures
70/100
Bons transports en commun
60/100
Moyennement accessible en vélo
70/100
Impôts fonciers
| Numéro de lot | 198454 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 2 053 240 $ CAD |
Impôts fonciers
Numéro de lot
198454
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
2 053 240 $ CAD
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1709 E Martin Luther King Jr Blvd
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