Retail Commercial Building in Texas
Listing Information
Retail Commercial Building in Texas
Created: 05/28/2022
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: None Set
Trustee's Attorney
500 N. Akard Street
Dallas, TX 75201
214-855-7500
Case Title: 6th and San Jacinto, LLC
Court: Texas Western Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of retail commercial building located in Austin, Texas. Located in the heart of Austin’s Central Business District and is located in the famous 6th Street Entertainment District of Austin. Constructed in the early 1900s and renovated in 2012, the property is primarily occupied by Recess Arcade Bar. Quality renovations will allow for a significant upside at the property. The Property is 100% occupied, zoned as CBD and has a floor-to-area the ratio of 8 to 1. Furthermore, the property is not part of the Capitol View Corridor. The property is within walking distance of a number of famed Austin music venues and nightclubs, including Maggie Mae’s, Darwin’s Pub, The Dizzy Rooster, and The Blind Pig. The Property features 10,274 SF of rentable retail/creative office on 0.12 acres with 41,984 SF of maximum buildable area.
Features:
- Property Type: Retail/Storefront
- Building Size: 10,274 SF
- Lot Size: 0.12 AC
- Year Built: 1968
Additional Details
- Bid Amount: $6,450,000.00
- Bid Increment: $100,000.00
- Bid Deposit: $500,000.00
- Bid Deadline: June 17, 2022