402 West Live Oak St, Austin, TX 78704

Property Description

Exceptional downtown South Congress opportunity! This 2,400 SF commercial/retail office building sits on 2 multifamily lots (13,786 SF total) with tremendous future development potential. Recently updated and currently utilized as a sales office and model home, this prime location offers ideal access to 1st Street and South Congress, plus convenient onsite parking. Perfect for owner-user looking for quality downtown office space, or investor seeking development opportunity. Demolition permits are already approved for 4 single-family homes on the lot—ready to move forward with residential development. The adjoining lot next door is also available for purchase from the same seller, allowing for expanded development options. This is a rare combination of immediate income-producing asset with pre-approved development potential in one of Austin's most desirable neighborhoods.