119 8Th StAustin, TX 78701

For Lease
$32-$40 /SF/YR
Unique Austin Office/Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional two-story, 17,104 square foot creative office building, located at 119 W 8th St in Austin, TX 78701, presents a rare opportunity. Situated on a 0.21-acre lot (8,970 sq ft) in the heart of Downtown Austin's CBD submarket, at the southeast corner of 8th and Colorado Streets, this Class B property offers unparalleled convenience and visibility. Built in 1935 and extensively renovated in 2024, the building boasts a stunning new brick façade, updated storefront windows, and refreshed stucco parapet and exterior lighting. The property features a minimum divisible space of 3,962 square feet and a maximum contiguous space of 7,925 square feet, currently offering 7,925 square feet of vacant space. With its prime location just one block from Congress Avenue's vibrant amenities, including the Paramount Theater, Upstairs at Caroline's, the Contemporary Austin - Jones Center, and numerous restaurants, this property is ideal for retail or office users seeking ground-level direct entry. The property is zoned CBD and has a total of two suites. Annual property taxes are $3.96 per square foot. While there are no on-site parking spaces, the building's central location provides easy access to various parking options. This is a truly unique opportunity to secure a highly desirable space in the dynamic Austin market.

Highlights

  • 17,104 SF two-story creative office building in Downtown Austin's CBD, at 119 W 8th St, Austin, TX 78701.
  • Abundant parking in nearby garages (Norwood, Brown, 816 Colorado).
  • 2024 Estimated Operating Expenses: $10/RSF/YR.
  • Walk Score: 99 (Walker's Paradise); Transit Score: 72 (Excellent Transit).
  • One block from Congress Ave., offering numerous entertainment, dining, and nightlife options.
  • High ceilings and abundant natural light.

Property Details for 119 8Th St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
17,104 SF
Class
B
Year Built/Renovated
1935/2024
Stories
2

Unit(s) available at that property

Space
Suite B
Size
3,963 SF
Rate per SF
$40
Space
Suite A
Size
3,962 SF
Rate per SF
$32

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.270242182332
Longitude
-97.743342227662
119 8Th St, Austin, Texas

FAQs

What type of property is this?
Retail property - Unique Austin Office/Retail Opportunity
Where is the retail property located?
The property is located at 119 8Th St Austin, TX.
What is the lease rate?
The lease rate is $32-$40 /SF/YR.
What are key features of this property?
This property features: 17,104 SF two-story creative office building in Downtown Austin's CBD, at 119 W 8th St, Austin, TX 78701.; Abundant parking in nearby garages (Norwood, Brown, 816 Colorado).; 2024 Estimated Operating Expenses: $10/RSF/YR.
How can I contact the broker?
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119 8Th St
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