2900 Guadalupe St Austin, TX 78705

This exceptional Austin retail storefront, located at 2900 Guadalupe St, offers a compelling investment opportunity. The 3,193 square foot building, constructed in 1933 and renovated in 2018, sits on a 0.15-acre lot. Currently leased to Shoe Palace (Nice Kicks), a well-established retailer, the property boasts a strong net operating income (NOI) of $222,891. The asking price is $3,000,000. Situated on Guadalupe Street, near the University of Texas at Austin, this location benefits from high foot traffic and convenient access to major roadways like IH-35 and Mopac Expressway. The property's prime location in a thriving Austin neighborhood, coupled with the tenant's strong performance, presents a promising investment with significant future appreciation potential. The area's robust demographics and Austin's continued growth as a tech and cultural hub further enhance the investment's appeal. This is a rare chance to acquire a well-established retail property in a dynamic and desirable location. The building's recent renovation ensures modern functionality and aesthetic appeal. The lease provides a stable income stream, making this an attractive option for investors seeking a secure and profitable investment in the heart of Austin, Texas.