Three units leased to two tenants, this structure measures 11,334 square feet on a prime corner lot consisting of 15,563 square feet. This mixed-use corner lot at South Mays and Bagdad Avenue is presently occupied by The Inspired Studio, and Galaxy Automotive repair. Two rents are well below market and should be substantially increased upon lease termination by 1/1/20. The properties maximum value would be achieved through renovating for a higher use or re-developing to a greater density.
Listing courtesy of Karam Company.
Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.