Description
Rare opportunity to own a centrally located commercial lot in one of Austin's most dynamic corridors. Situated just steps from iconic restaurants and nightlife, this lot is currently leased to a parking company under a revenue-share model, generating minimal income but that's about to change. We are actively working to secure 45 food truck leases on the property, which will significantly increase income and overall value. Buyers looking to get in before the price reflects stabilized revenue have a short window to do so. Bonus Opportunity: The adjacent lot at 902 E 7th St is also available and can be bundled into a multi-lot acquisition. Contact us for pricing and details. Zoning, accessibility, and location all line up on this one. Whether you're looking for a near-term cash-flow play or a longer-term hold in a high-growth pocket of East Austin, this property checks all the boxes.
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School Information
Description
Rare opportunity to own a centrally located commercial lot in one of Austin's most dynamic corridors. Situated just steps from iconic restaurants and nightlife, this lot is currently leased to a parking company under a revenue-share model, generating minimal income but that's about to change. We are actively working to secure 45 food truck leases on the property, which will significantly increase income and overall value. Buyers looking to get in before the price reflects stabilized revenue have a short window to do so. Bonus Opportunity: The adjacent lot at 902 E 7th St is also available and can be bundled into a multi-lot acquisition. Contact us for pricing and details. Zoning, accessibility, and location all line up on this one. Whether you're looking for a near-term cash-flow play or a longer-term hold in a high-growth pocket of East Austin, this property checks all the boxes.
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