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820 S Austin Ave 2,475 SF 100% Leased Retail Building Georgetown, TX 78626 $1,550,000 ($626.26/SF) 4.65% Cap Rate
Executive Summary
Own a piece of historic Georgetown. This 1923 building (2,475 SF) sits on the Georgetown Square, one of the Most Beautiful Squares in Texas. High ceilings, mezzanine and timeless character. Owner financing available to qualified buyers. A standout opportunity for investors and owner/operators.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
2,475 SF
Building Class
C
Year Built
1878
Price
$1,550,000
Price Per SF
$626.26
Cap Rate
4.65%
NOI
$72,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.06 AC
Zoning
Downtown Mixed Use - Downtown Mixed Use, this is the city of Georgetown Highest commercial zoning.
Frontage
29’ on S Austin Ave
Exceptionally walkable
90/100
Very drivable
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R041431 | Improvements Assessment | $653,332 |
| Land Assessment | $254,042 | Total Assessment | $907,374 |
Property Taxes
Parcel Number
R041431
Land Assessment
$254,042
Improvements Assessment
$653,332
Total Assessment
$907,374
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820 S Austin Ave
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