Congress Lofts Commercial Condo

4315 S Congress Ave Austin, TX 78745

4315 S Congress Ave, Austin, TX, 78745
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FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 03, 2024

Highlights

  • Located at the doorstep of 1,000 new residences coming 2023 - 2024
  • Over 2,500 new residents by 2026
  • Prime location in the heart of the St. Elmo district
  • St. Elmo has become home to some of Austin’s coolest businesses: St. Elmo Brewing, Spokesman Coffee, Icon, Tesla, Austin Paddle Club, Texas Sake Co, and more
  • 1,073 SF covered patio
  • Opportunity for an urban grocer user (closest grocer is 1.5 miles away)

Description

Congress Lofts is a 148-home for-sale community located off South Congress and in the core of our City’s quickly transforming St. Elmo Arts District. Marking Intracorp’s third residential condo development in Austin, Texas, the building will be the first in the area to bring a downtown elevated experience and loft-style design to St. Elmo. The St. Elmo Arts District, historically developed as industrial hub, has quickly gained attention from our city’s makers, artists, urban dwellers and visitors who enjoy the areas creative culture. The Yard and Yard 2.0 along with a number of other current and future mixed-use developments is creating vibrant, burgeoning, and highly walkable shopping, eating and entertainment district.

Congress Lofts presents the rare opportunity to own 4,773 SF of indoor and outdoor new construction space in the middle of this growing hub. Ideal uses include retail, fitness, or urban grocer as the next closest grocer is over a mile away.

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Year Built: 2024
Building Size: 3700sq ft
Lot Size: 0 acres


Documents

2023-12-08 Preliminary Lease Outline Drawing (1).pdf
Congress Lofts #101 Sale Brochure.pdf

Map of 4315 S Congress Ave, Austin, TX, 78745

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.