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Investment Highlights

  • Location, Visibility, Street Appeal, Corner Lot, Beautifully Updated and Maintained, Parking
  • Solid Building Core, Fantastic Retail Spot,
  • Lots Of Natural Light, Possible Building Expansion,

Executive Summary

South First Street has become one of Austin's most vibrant and sought-after commercial corridors, and opportunities like this are increasingly rare. Positioned on a highly visible corner lot in one of the most desirable sections of South First, this beautifully updated property offers an exceptional combination of location, exposure, and long-term value.
Whether you are an investor seeking a premier asset or an owner-user looking to establish a presence in one of Austin's most dynamic districts, this property checks every box. Its visibility is outstanding, its accessibility is excellent, and its curb appeal is among the best on the corridor.
In today's market, it is difficult to find a property that combines affordability, visibility, character, and location as effectively as this one. South First continues to attract an eclectic mix of successful local businesses, destination restaurants, retailers, and creative users, making it one of the city's most desirable commercial investment locations.
Having personally handled numerous transactions along South First Street and as a resident who lives and works in the area, I have witnessed firsthand the remarkable evolution of this corridor. Few properties come to market here, and even fewer offer the unique combination of attributes found in this offering.
Rare Corner Location • Exceptional Visibility • Prime South First Address • First Time Available in Five Decades

Taxes & Operating Expenses (Actual - 2026)

Annual Annual Per SF
Taxes $32,559,576 $20,464.85
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes
Annual $32,559,576
Annual Per SF $20,464.85
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $32,559,576
Annual Per SF $20,464.85

Property Facts

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
1,225 SF
Building Class
C
Year Built/Renovated
1932/2000
Price
$1,500,000
Price Per SF
$1,224.49
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,225 SF
Building FAR
0.20
Lot Size
0.14 AC
Zoning
CS-MU-V-NP - (General Commercial Services - Mixed Use - Vertical Mixed Use Building - Neighborhood Plan) BUYER MUST VERIFY ZONING OUTSIDE OF THIS LOOPNET LISTING
Parking
8 Spaces (6.53 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Reception
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
  • Shower Facilities
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
301999
Land Assessment
$953,120 (2025)
Improvements Assessment
$46,880 (2025)
Total Assessment
$1,000,000 (2025)
Annual Taxes
$32,559,576 ($26,579.25/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 40980702

  • Date on Market: 6/18/2026

  • Last Updated:

  • Address: 1715 S 1st St, Austin, TX 78704

Contact the Sale Advisor

1715 S 1st St

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