115 E St. Elmo presents a compelling user/investor opportunity in the heart of Austin’s rapidly evolving St. Elmo District - one of the city’s most dynamic and culturally rich submarkets. The property offers a unique blend of stability and flexibility, with a strong, established tenant already occupying approximately half of the asset, providing immediate in-place income. Meanwhile, Building A is currently available for lease or owner-user occupancy, creating an ideal scenario for an investor seeking additional upside or a business owner looking to establish a presence in a high-growth area. The St. Elmo District has emerged as a vibrant hub for creativity, commerce, and community, driven by an influx of breweries, artisan food concepts, music venues, and design-oriented businesses. Anchored by popular destinations and a strong local identity, the area continues to attract both foot traffic and new development, positioning it as one of Austin’s most sought after live-work-play environments. With its central location, proximity to major thoroughfares, and ongoing neighborhood momentum, 115 E St. Elmo offers a rare chance to capitalize on both immediate cash flow and long-term appreciation in a culturally significant and rapidly appreciating corridor.