For Sale
$492,500

4505 Martin Luther King Jr Blvd Austin, TX 78721

Prime Austin location, 1163 sq ft, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
This 1,163 square foot retail condo, Unit B at Eagle View Place, is a mixed-use property located at 4505 E Martin Luther King Jr Blvd Ste B, Austin, TX 78721. Built in 2019, this Class B property offers a flexible space ideal for creative office, storefront, or live/work arrangements. The asking price is $492,500 ($423.47/sq ft). The unit features an ADA-compliant bathroom and water fountain. This prime East Austin location boasts high visibility and traffic, situated at the corner of E MLK Jr Blvd and Springdale Rd, with over 30,000 vehicles passing daily. 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 seller has obtained approval for a pole sign on E MLK Jr Blvd. Combining this unit with Unit A creates a larger 2,323 square foot space, further enhancing investment potential. This property presents a strong investment opportunity in a rapidly growing area, capitalizing on the increasing demand for live/work spaces and offering a potentially higher return than traditional commercial or residential investments. The lease expired on February 28, 2023. The APN is 877691.

Property Details for 4505 Martin Luther King Jr Blvd

Property type
Retail properties, Office properties
Square Feet
1,163 SF
Class
B
Year Built
2019
Units
1

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2852308
Longitude
-97.6841267

FAQs

What type of property is this?
Retail property - Prime Austin location, 1163 sq ft, high ROI
Where is the retail property located?
The property is located at 4505 Martin Luther King Jr Blvd Austin, TX.
What is the asking price?
The asking price for this property is $492,500.
How can I contact the broker?
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4505 Martin Luther King Jr Blvd
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