3117 E 12th St, Austin, TX for sale

Investment Overview

Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 3117 E 12th St, a commercial or multifamily development opportunity in the heart of vibrant east Austin. The one-acre property offers a prominent location near the intersection of two of east Austin's main thoroughfares; Airport Blvd and E 12th St. Both of which have seen a rise in dining and entertainment leading to the property being less than a mile from a number of the city's favorite restaurants. The property's CS-MU-V-CO-DB90-NP zoning allows for high density commercial and/or multifamily development and up to 80 feet of height. The property is ideally positioned for a residential or hospitality development benefiting from significant height and unobstructed views of downtown Austin.

Investment Highlights

• 1-acre commercial or multifamily development opportunity
• Hotel use is also permitted on site
• Zoning allows for up to 80' of height
• Located in the heart of vibrant east Austin
• Unobstructed views of downtown Austin