$492,500
( $424.57Per Sq Foot )
 $2,644 est/mo Sourced by Back At You

4505 E Martin Luther King Jr Blvd A,Austin, TX 78721

Austin, TX 78721

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Description

Located in the heart of East Austin’s rapidly developing Springdale corridor, 4505 E. Martin Luther King Jr. Blvd, Unit A offers business owners and investors a strategic opportunity. This 1,058 SF commercial condo is part of Eagle View Place, a mixed-use development situated directly across from Morris Williams Golf Course and minutes from Mueller and Downtown Austin. With daily traffic counts exceeding 30,000 vehicles at the signalized intersection of E. MLK Jr. Blvd and Springdale Rd, the property provides excellent visibility and includes exterior signage rights. Currently built out for retail, the space features an open layout, ADA-compliant restroom, and water fountain. It’s well-suited for a variety of uses, including professional services, salon or barbershop, boutique retail, or a live/work concept. Additionally, the property’s zoning permits hotel/motel use, offering strong potential for a short-term rental conversion. This asset is listed below the Travis Central Appraisal District’s 2024 assessed value of $616,680, providing immediate value upside. With market rents in the area averaging $28/SF NNN and low vacancy rates for spaces under 1,500 SF, this is a compelling opportunity for both owner-users and investors. As a NNN investment, tenants are responsible for taxes, insurance, and association dues, making this a low-maintenance asset in a high-demand market. Whether you’re looking to secure a headquarters, expand your portfolio, or establish a presence in one of Austin’s most active submarkets.

Details

MLS#7125943
Listing TypeFor Sale
StyleMixed Use
Building NameEagle View Place Condominiums
Sub-TypeResale
StatusActive
Year2016
Days On Site16
Listing Provided ByDevora Realty | Johnny Devora

Features

SQ Feet1,160
Building(s)1
ZoningGR-NP - Hotel/Motel use
Acreage0.08
Golf CourseYes
Water FrontYes
Property ViewGolf Course

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78721
Area5
Community NameEagle View Place Condominiums
Listing VS Median (in Eagle View Place Condominiums)
Price:
$492,500
low | high
Med:
$0
On site:
16
low | high
Med:
Sourced by Back At You
Listing Updated: April 9, 2025 at 12:06:05 PM PDT