2400 E Oltorf St
Austin, TX 78741
Terrain À vendre · 3,63 AC

2400 E. Oltorf Street presents an opportunity to acquire a fully leased retail center positioned within one of Austin's most active redevelopment corridors. Situated on approximately 3.63 acres in Southeast Austin, the property combines current income generation with long-term redevelopment potential. The asset consists of two retail buildings totaling 37,603 square feet and is occupied by a diverse mix of service, restaurant, retail, veterinary, entertainment, and medical tenants, including Brident Dental & Orthodontics. The property is currently 100% leased with ten executed leases, providing immediate cash flow and operational stability.
The site benefits from frontage along E. Oltorf Street and proximity to the East Riverside Corridor, an area experiencing significant investment from office, residential, and mixed-use development. Nearby demand drivers include Oracle's waterfront campus, Downtown Austin, the University of Texas, South Congress, and Austin-Bergstrom International Airport. Planned transportation improvements, including the proposed CapMetro Blue Line, further enhance connectivity between the corridor, downtown, and the airport.
In addition to its existing retail performance, the property's zoning and land position support consideration as a future covered land investment. Conceptual massing studies included in the offering materials illustrate potential multifamily redevelopment scenarios ranging from approximately 405 to 522 residential units, subject to buyer due diligence and governmental approvals. This combination of stabilized income, infill location, and future development optionality creates a compelling opportunity for investors seeking both current yield and long-term value creation within the Austin market.