Investment Overview
This 20,807 SF building, built in 1968 and thoughtfully expanded in 1988, presents an outstanding redevelopment opportunity in Elgin's vibrant Highway Commercial District.
Adjacent to US 290 in Highway Commercial District (C-3),with 200' frontage R.O.W. (per survey), this property supports a wide variety of commercial uses. Imagine transforming this space into a modern retail hub, professional offices, or a mixed-use development that draws from the area's growing population.
* High-traffic location with redevelopment upside
* Strategic Proximity to Austin's expanding metro area
* Owner financing available
* Contact the city for possible development incentives
For more information about this unique property, please contact:
Martha Denham
Broker Associate
512-939-3809
martha@cmeatx.com
Investment Highlights
- C-3 zoning typically allows for a broad range of commercial activities, including:
- Retail & Sales: General retail stores, big-box retailers, furniture and appliance stores, plant nurseries, and hardware stores.
- Service & Professional: Professional offices, medical clinics, banks, and personal services (like barbershops or dry cleaners).
- Automotive: Gasoline service stations, auto repair shops, and automobile sales/dealerships.
- Dining & Entertainment: Restaurants (including those with drive-thru facilities), bars, indoor theaters, and commercial recreation facilities.
- Lodging: Hotels and motels.
- Civic & Institutional: Hospitals, nursing homes, churches, and government offices.
- Wholesale/Light Storage: While not a heavy industrial zone, C-3 sometimes permits wholesale sales and limited indoor storage incidental to a retail business.
- (Source: City of Elgin website)