Zoning: CS-V-ETOD-DBETOD. See additional explanations in the documents: Commercial Services, Vertical Mixed Use, East Riverside Transit-Oriented Development, and Density Bonus. The property has strong redevelopment potential. (CS Base Zoning-Commercial Services), (V-Vertical Mixed Use allows residential units above ground-floor commercial), (ETOD-East Riverside Transit-Oriented Development, focus on walkability, allows density, reduced parking), (DBETOD-Density Bonus ETOD, allows additional height, density, or floor-area ratio, affordable housing, optional, not mandatory). Why not consider a Lease Back while you run your project through the City of Austin? Could it be a possible option? TCAD combined lots = 15,264 sq.ft., .35AC
Unique opportunity to acquire two contiguous lots improved with an operating restaurant, including land, building, and all associated FF&E. The business has successfully operated at this location for over 25 years, reflecting long-term stability and market presence. Situated just over two miles from Downtown Austin in the highly sought-after 78704 area, the property has been well-maintained. It provides a strong foundation for continued restaurant operations or alternative commercial use. Ownership is open to reasonable offers and is prepared to engage in a timely transaction. Flexible terms may be considered with an acceptable offer. Showings are by appointment only and handled discreetly. Do not contact staff or employees under any circumstances.
Features of 2448 S 1st St
MLS® #
1306385
Price
$3,099,900
Bathrooms
0.00
Acres
0.16
Year Built
1963
Type
Commercial
Sub-Type
Retail
Status
Active
Has Pool
No
Water Feature/View
Is Waterfront
No
Community Information: Austin
Address
2448 S 1st St
Area
6
Subdivision
San Jose Catholic Church Subdivision
City
Austin
County
Travis
State
TX
Zip Code
78704
Amenities of 2448 S 1st St
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
On Site, Outside
Interior of 2448 S 1st St
Interior
Tile
Heating
Central, Natural Gas
Fireplace
No
Exterior of 2448 S 1st St
Construction
Cement Siding, Frame, Glass, Stucco
Foundation
Slab
Additional Information On 2448 S 1st St
Days on Market
217
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $3,100,000 to $3,099,900
Price Increased from $0 to $3,100,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Real Estate Executives of Aus(512) 899-4663. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 7:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.