920 Shady Ln, Austin, TX 78702

$975,000

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List Price
$975,000
Status
ACTIVE
Days on Market
9
MLS#
4640826
Subtype
Commercial Sale
Year Built
1937
Lot Size
31,293
Acres
0.72
Subdivision
Shady Lane Add
Neighborhood
Shady Lane Add
MLS Area Major
Austin - Central, Austin - East

Property Description

Prime Govalle Mixed-Use / Commercial Redevelopment Opportunity with Prime High-Yield Potential! Positioned directly in the path of East Austin's explosive growth, 920 Shady Lane presents an exceptional adaptive reuse or ground-up commercial redevelopment opportunity in the heart of the Govalle neighborhood. Strategically located steps from the Airport Boulevard Core Transit Corridor, this prime land has highly desirable level topography, excellent street visibility, and direct, easy access to major transit veins heading North, South, and straight into Downtown Austin. The deep lot currently houses two existing structures (a 4-bedroom main home and a 2-bedroom rear unit) along with a large workshop and two existing utility hookups, offering immediate holding-income potential or flexibility during the entitlement and permitting phase. Surrounded by rapid high-density office, residential, and retail transformation, the location benefits from continuous foot and vehicle traffic, anchored by local staples like Dan's Hamburgers directly across the street and major adaptive reuse hubs like Hi Sign Brewing down the block. Whether you're looking to scrape and build a sleek new commercial footprint, execute a high-density boutique development, or capitalize on East Austin’s premier corridor momentum, this site delivers the location, scale, and access to execute your vision.

Additional Information

Taxes
$14,574
Zoning
Zoning is GR-MU-NP
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame, Wood Siding

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Calculator source: Real Geeks

Listing courtesy of Allure Real Estate. Contact: (512) 518-0008

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