Fully leased for 5 years. Listed on the National Register of Historic Places, the Paggi familys original Blacksmith Shop, built in 1874, is comprised of gallery entry, conference room, two offices, full kitchen, full bath with tiled shower, walk in fire proof vault, storage rooms and pull in garage, all opening into adjoining newly constructed 1800 square foot open studio space with 22 foot ceilings. This open studio space was constructed with support in place to easily add a second floor and windows. Upstairs is approx 2,000sf of creative offices, open conference areas,kitchen area and bathroom. Please view the attached floorplan to see layout of these two buildings. Hard corner site - NE corner of 5th and Neches, across from Hilton Hotel and main pathway between Austin Convention Center and 6th Street Entertainment District. High traffic count and visibility on 5th Street corridor. Prime retail location will support a variety of consumer based users, restaurant, creative loft/live work. Unique interior finishes include original long leaf pine floors, interior limestone walls, stained concrete floors, custom ironwork, skylight. Secure loading area/parking space on 5th street protected by custom 12 foot rolling iron gate. Possible exit strategy to develop into boutique hotel (encase historic building and have a charming lobby) and go up 11 stories.
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