1900 Fortview Rd - Auto Repair FOR SALE


Austin, TX 78704- South Lamar | 
$2,749,900 USD
512-923-2745
1900 Fortview Rd, Austin, TX for Sale
$2,749,900 USD
Auto Repair - FOR SALE
1/11
null | Request Cap Rate

1900 Fortview Rd
Austin, TX 78704
South Lamar


HIGHLIGHTS

  • Very Central to lots of retail shopping, downtown, 1/2 block from bus stop, Ideal for your development project.
  • The garage is cinder block with 4 bays and an office.
  • Property is located off of W Ben White Blvd, making for easy logistics.

OVERVIEW

PRICE ADJUSTMENT. The highest and Best Use is for Multi-Housing Development OR expansion of the current automotive shop. Currently operating as a Successful Automotive Repair Shop Owner retiring. If used for expanding the business, consider Wheel alignment, Tire & Wheel Sales as well as many other accessories and services. There is plenty of room for expansion on the .70 Acre, (30,470sq ft) ($100 +- per sq ft) centrally located in the heart of South Austin 78704. If Development is considered, the property is Ideal for a MULTI-FAMILY-MULTI UNIT development. The house on the property is included as part of this Sale and no value is being given to it. The Owner of the shop/land lives on the property and will vacate when this sells. The house is approx 1983 sq ft. The land is approx 30,470 sq ft. Zoned GR-MU Redevelopment potential for multi-housing, apartments, and condos. County records reflect .70 acres—a prime location in the highly desirable 78704 zip code. Just a hop, skip, and jump to downtown Austin. Within walking distance to many shops, cafes, and eateries.

FOR SALE DETAILS

PRICE

$2,749,900 USD

PRICE/SF

$1,387 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

GR-MU

APN/PARCEL ID

308110

ASK ABOUT THIS PROPERTY

Herbert MartinezReal Estate Executives Of Austin LlcMore Info
512-923-2745

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Herbert MartinezReal Estate Executives Of Austin LlcMore Info
512-923-2745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.