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INVESTMENT HIGHLIGHTS
- 11,588 SF Class A office, free of leases—ideal for owner-occupant or flagship use in Austin’s tight downtown market.
- Directly on Lady Bird Lake with trail access; walkable to 100+ bars, restaurants, and venues.
- Next to Four Seasons; near 2M+ SF retail, 4,300 residences, and 6,700 hotel keys.
- Named “Coolest Office” by ABJ; features include premium finishes, bar, slide, studio, and lifestyle amenities. Renovated in 2014 and 2025.
- Quick access to Cesar Chavez, Brazos, Congress, Loop 1, and IH-35.
- Luxury interior, modern fixtures, new furniture, enhanced common areas. Immediate occupancy with 21 parking spaces.
EXECUTIVE SUMMARY
JLL is pleased to offer the opportunity to purchase 98 San Jacinto Lot 3 (the “Property” or “98 San Jacinto”), an 11,588 square foot office building located in Downtown Austin, Texas adjacent to Lady Bird Lake. The Property is offered free and clear of any lease obligations, presenting a rare Downtown Austin owner occupant opportunity.
Formerly home to the CHIVE headquarters, the building has been recognized by the Austin Business Journal as an award-winning “Coolest Office” and praised for its one-of-a-kind creative build-out, which features high-end finishes, collaborative open spaces, and unique lifestyle amenities. This modern design, combined with its premier waterfront location, makes the asset a standout within Austin’s urban core.
The Property is situated directly on the shoreline of Lady Bird Lake in the heart of Austin’s CBD, within walking distance of more than 100 bars, restaurants, and music venues, and steps away from the Ann & Roy Butler Hike & Bike Trail. 98 San Jacinto provides seamless access to all Downtown Austin via Cesar Chavez Street, Brazos Street, and Congress Avenue. The Property also provides connectivity to the broader Austin MSA via Loop 1 (MoPac) and IH-35, both within two miles.
Formerly home to the CHIVE headquarters, the building has been recognized by the Austin Business Journal as an award-winning “Coolest Office” and praised for its one-of-a-kind creative build-out, which features high-end finishes, collaborative open spaces, and unique lifestyle amenities. This modern design, combined with its premier waterfront location, makes the asset a standout within Austin’s urban core.
The Property is situated directly on the shoreline of Lady Bird Lake in the heart of Austin’s CBD, within walking distance of more than 100 bars, restaurants, and music venues, and steps away from the Ann & Roy Butler Hike & Bike Trail. 98 San Jacinto provides seamless access to all Downtown Austin via Cesar Chavez Street, Brazos Street, and Congress Avenue. The Property also provides connectivity to the broader Austin MSA via Loop 1 (MoPac) and IH-35, both within two miles.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
11,588 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1987/2025
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,794 SF
Building FAR
1.40
Lot Size
0.19 AC
Zoning
F1
AMENITIES
- Controlled Access
- Waterfront
- Outdoor Seating
- Air Conditioning
- Balcony
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 897008 | Improvements Assessment | $1,378,535 |
| Land Assessment | $4,096,820 | Total Assessment | $5,475,355 |
PROPERTY TAXES
Parcel Number
897008
Land Assessment
$4,096,820
Improvements Assessment
$1,378,535
Total Assessment
$5,475,355
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