$3.10M

Description

Zoning: CS-V-ETOD-DBETOD. See additional explanations in the documents: Commercial Services, Vertical Mixed Use, East Riverside Transit-Oriented Development, and Density Bonus. The property has strong redevelopment potential. (CS Base Zoning-Commercial Services), (V-Vertical Mixed Use allows residential units above ground-floor commercial), (ETOD-East Riverside Transit-Oriented Development, focus on walkability, allows density, reduced parking), (DBETOD-Density Bonus ETOD, allows additional height, density, or floor-area ratio, affordable housing, optional, not mandatory). Why not consider a Lease Back while you run your project through the City of Austin? Could it be a possible option? TCAD combined lots = 15,264 sq.ft., .35AC Unique opportunity to acquire two contiguous lots improved with an operating restaurant, including land, building, and all associated FF&E. The business has successfully operated at this location for over 25 years, reflecting long-term stability and market presence. Situated just over two miles from Downtown Austin in the highly sought-after 78704 area, the property has been well-maintained. It provides a strong foundation for continued restaurant operations or alternative commercial use. Ownership is open to reasonable offers and is prepared to engage in a timely transaction. Flexible terms may be considered with an acceptable offer. Showings are by appointment only and handled discreetly. Do not contact staff or employees under any circumstances.

Property Details

Listing Agent