For Sale
$985,000

4505 Martin Luther King Jr BlvdAustin, TX 78721

Live/Work Retail Condo, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2,323 square foot mixed-use retail condo, Unit A, is located in a prime East Austin location at 4505 E Martin Luther King Jr Blvd Ste A+B, Austin, TX 78721. Built in 2019, this Class B property features two units averaging 1,160 square feet each, offering flexible live/work or retail space. The units are ADA compliant, including a bathroom and water fountain. There is the option to combine both units for a total of 2,323 square feet, significantly increasing investment potential. The asking price is $985,000 ($424.02/sq ft), with each unit individually priced at $991,000. Six parking spaces are included. The property boasts excellent visibility, situated at the corner of East MLK Jr Blvd and Springdale Rd, with over 30,000 daily traffic. Its proximity to Downtown Austin (4.1 miles), Austin-Bergstrom International Airport (7.8 miles), and the Mueller Development (1 mile) adds to its appeal. The permitted zoning is GR/MU/NP. Seller has obtained COA approval for a pole sign off E. MLK Jr Blvd

Highlights

  • Prime East Austin location with high traffic and visibility.
  • 1,160 SF units, adaptable for office, retail, or live/work use.
  • Combine Units A & B for a 2,323 SF space.
  • ADA-compliant bathroom and water fountain.
  • High demand for live/work spaces in this area.
  • Rapidly developing neighborhood with increasing property values.

Property Details for 4505 Martin Luther King Jr Blvd

Property type
Retail properties, Office properties
Square Feet
2,323 SF
Class
B
Year Built
2019
Units
2

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2852308
Longitude
-97.6841267
4505 Martin Luther King Jr Blvd, Austin, Texas

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4505 Martin Luther King Jr Blvd
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