2404 Rio Grande, Austin, Texas

$4,250,000
Active
2404 Rio Grande, Austin, Texas
2404 Rio Grande, Austin, Texas
2404 Rio Grande, Austin, Texas
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Property Details

MLS ID: 6381861
Status: Active
Price: $4,250,000
Acres: 0.32±
Type: Office Building, Commercial
Address: 2404 Rio Grande
City, State: Austin, TX
County: Travis County
ZIP Code: 78705
Parcel Number: 02140108120000
Year Built: 1911

Description

The possibilities are seemingly endless for The Parker House, a Historical West Campus home, located steps from The University of Texas. With an exceptional amount of parking it makes an ideal office but could be reimagined as a coffee shop, restaurant, art gallery, design studio, boutique hotel, private club or best of all your own grand residence central to much of the city of Austin. This grande dame has been in the Parker family since construction in 1911. She is ready to be restored to her former grandeur. Currently there are multiple offices upstairs and multiple offices downstairs plus a kitchen and foyer. Much of the value is in the potential for adding a low-rise building behind The Parker House, on this expansive .32 acre lot. How about a swanky mid-rise condo building for alumni? So yes the potential is abundant and exhilarating. Come and see for yourself! Note the back structure is not historical and can be removed for additional parking spaces, buyer to confirm. The back structure is currently additional offices and one bath.

Directions: From Mopac, head east on 24th, left on Rio Grande, the property is on the left.

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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Listed By: Elizabeth Adams of Urbanspace - (512) 745-1044