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908 Old Koenig Ln
Austin, TX 78752
Specialty Property For Sale
·
16,290 SF


INVESTMENT HIGHLIGHTS
- The church could be transformed into a community center, providing space for gatherings, events, and social services—offering a broader purpose.
- Develop a coworking space with flexible office options designed to support freelancers and small businesses, fostering innovation and entrepreneurship
- Repurpose the church for educational purposes, such as a tutoring center, language school or adult education programs.
- Utilize the church for weddings, concerts, and corporate gatherings.
- Adapt the church into a wellness center offering services such as yoga, meditation, counseling, and holistic health programs.
- A restaurateur could establish a centralized food production and distribution hub to support multiple restaurant concepts in the area.
EXECUTIVE SUMMARY
The Koenig Lane Christian Church has been at this location since 1955, and the remaining congregation holds a substantial amount of historical significance and sentimental value to the property. The seller is particularly interested in engaging with buyers whose plans reflect a community-minded or mission purposed vision.
The existing building has served its purpose well for decades and could be fully remodeled for the next phase of its existence. The remaining congregation is looking for the best possible balance of much needed revenue for the church’s mission combined with a creative vision for the property.
The existing building has served its purpose well for decades and could be fully remodeled for the next phase of its existence. The remaining congregation is looking for the best possible balance of much needed revenue for the church’s mission combined with a creative vision for the property.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Size | 16,290 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Religious Facility | Year Built | 1990 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.99 AC | Parking Ratio | 5.22/1,000 SF |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.99 AC |
| Building Size | 16,290 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 5.22/1,000 SF |
PROPERTY TAXES
| Parcel Number | 229842 | Improvements Assessment | $1,759,451 |
| Land Assessment | $7,378,510 | Total Assessment | $9,137,961 |
PROPERTY TAXES
Parcel Number
229842
Land Assessment
$7,378,510
Improvements Assessment
$1,759,451
Total Assessment
$9,137,961
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