KOENIG LANE CHURCH
Prime Central Austin Leasing Opportunity Near UT & Downtown Austin
Marketing description
Positioned in the heart of Central Austin, 908 Old Koenig Lane presents a rare opportunity to acquire a strategically located ±2.02-acre property with an existing ±16,290-square-foot facility in one of the city's most supply-constrained and rapidly appreciating corridors. Just minutes from Downtown Austin, The University of Texas, and major transportation arteries, the property offers exceptional accessibility and visibility within a thriving urban market.
The site's flexible zoning, substantial land area, and existing improvements create numerous pathways for value creation. Whether envisioned as a redevelopment project, mixed-use investment, adaptive reuse opportunity, institutional facility, event venue, wellness destination, educational campus, or owner-user headquarters, the property is well-positioned to capitalize on continued growth throughout Central Austin.
With abundant parking, walkable access to nearby amenities, and a location surrounded by established neighborhoods, employment centers, and retail destinations, this offering combines immediate functionality with long-term redevelopment potential, making it an exceptional opportunity for investors, developers, and visionary owner-users seeking a premier Central Austin asset.
Property being sold as-is.
Investment highlights
- ±16,290 SF existing facility situated on ±2.02 acres in one of Austin's most sought-after central submarkets.
- Flexible zoning (GR-MU-CO-ETOD-DBETOD-NP) supports a variety of redevelopment, mixed-use, commercial, and adaptive reuse opportunities.
- Prime infill location minutes from Downtown Austin, The University of Texas, IH-35, US-183, and major employment centers.
- Existing improvements can accommodate church, event venue, wellness center, educational facility, coworking, commissary kitchen, or community-focused uses.
- Ample on-site parking with approximately 85 spaces, a rare amenity for Central Austin properties.
- Walkable location surrounded by restaurants, retail, and neighborhood amenities in the rapidly growing Brentwood corridor.
- Offered for sale or lease, providing flexibility for investors, developers, owner-users, and institutional buyers.
- Seller financing available, creating an attractive acquisition structure for qualified buyers.
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