For Sale
$3,950,000

1712 Rio Grande St Austin, TX 78701

Central Austin, 8,533 SF, Investment Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional creative office building, located at 1712 Rio Grande Street in Austin, Texas, presents a compelling owner-occupant or investment opportunity. The property, situated in the heart of the Central Business District, boasts 8,533 square feet across four stories within a single building. Constructed in 1906 and extensively renovated in 2005, the building is classified as Class B and features a multi-tenant occupancy currently at 30%. The asking price is $3,950,000, translating to $462.91 per square foot. The property is zoned GO and sits on a 0.31-acre lot, providing convenient off-street surface parking. Its prime location offers unparalleled proximity to downtown Austin, the University of Texas, both Travis County Courthouses, and the State Capitol. The lease type is NNN. This presents a rare chance to acquire a well-located, established property in a thriving Austin market. The building's history, combined with its recent renovations, creates a unique blend of character and modern functionality, ideal for a variety of creative businesses or a savvy investor seeking strong returns. The property's central location and ample parking are key advantages in a competitive market.

Highlights

  • Core, Central Austin location.
  • Off-street surface parking.
  • Proximity to Downtown Austin, UT Austin, Travis County Courthouses, and the State Capitol.

Property Details for 1712 Rio Grande St

Property type
Office properties, Office space
Square Feet
8,533 SF
Class
B
Year Built/Renovated
1906/2005
Buildings
1
Stories
4
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.281307711777
Longitude
-97.745292541694

FAQs

What type of property is this?
Office property - Central Austin, 8,533 SF, Investment Opportunity
Where is the office property located?
The property is located at 1712 Rio Grande St Austin, TX.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Core, Central Austin location.; Off-street surface parking.; Proximity to Downtown Austin, UT Austin, Travis County Courthouses, and the State Capitol.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1712 Rio Grande St
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