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208 W 4th St
Austin, TX 78701
Retail Property For Sale
Investment Highlights
- 14,742 SF of Building + 3,700 SF Covered Courtyard Space.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,742 SF
Building Class
B
Year Built
1965
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.54
Lot Size
0.22 AC
Zoning
CBD
Frontage
75’ on W 4th St
About 208 W 4TH ST , AUSTIN, TX 78701
Downtown Austin, Bar and Restaurant property. High rise development on all sides. Excellent covered land play. .Potential for development up to 25/1 FAR. 2% commission offered to Buyers broker. Above market for location in place 5.15% CAP rate. Below market price per land and building SF. Below market rents with blended average $41.70PSF. Non-recourse financing available at 3.41%, 25 year AM, 10 year term and no prepayment penalty. Note, the building SF does not include the 3700 SF covered courtyard and music venue. Site includes courtyard and buildings on both sides of the courtyard.
Property Taxes
| Parcel Number | 194321 | Improvements Assessment | $147,816 |
| Land Assessment | $3,768,320 | Total Assessment | $3,916,136 |
Property Taxes
Parcel Number
194321
Land Assessment
$3,768,320
Improvements Assessment
$147,816
Total Assessment
$3,916,136
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