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701-713 Red River St 8,200 SF 100% Leased Retail Building Austin, TX 78701 $4,100,000 ($500/SF)
Investment Highlights
- One of a few hard corners left in Downtown Austin
- Several Music Venues in the Immediate area
- High walking traffic in the evenings
Executive Summary
First time available in over 80 years. The hard NEC of Red River and East 7th Street. The property consists of two tenants. 13th Floor and Elysium. Approximately 6,000 SF could be available first quarter of 2027. A portion of the property lies in the Capital View Corridor which limits high rise construction for a portion of the property (see attached). Gus's Fried Chicken just purchased the property across Red River (710 Red River) so changes in the immediate area are in process.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,200 SF
Building Class
C
Year Built
1940
Price
$4,100,000
Price Per SF
$500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.20 AC
Zoning
CBD - Central Business District.
Frontage
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Alba Spray Painting & Pressure Washing Service
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Alba Spray Painting & Pressure Washing Service | Construction | - | - | - |
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 194641 | Improvements Assessment | $0 |
| Land Assessment | $2,000,000 | Total Assessment | $2,000,000 |
Property Taxes
Parcel Number
194641
Land Assessment
$2,000,000
Improvements Assessment
$0
Total Assessment
$2,000,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
701-713 Red River St