5th & Red River_Property for Sale
5th & Red River_Property for Sale

5th & Red River

506 E 5th St, Austin, TX, 78701-3726, US

Asset Description

Jones Lang LaSalle (JLL) has been exclusively retained to market the development opportunity at 5th and Red River (the "Property" or "Site"), a ± 0.609-acre parcel in Downtown Austin. Located just one block from the Austin Convention Center and the Red Line Downtown Station, this site is ideally positioned to attract both visitors and residents. Its strategic location at the intersection of 5th Street and Red River offers easy access to IH-35, providing seamless connectivity to Austin's East Side and other key areas.

The Site is adjacent to the lively 6th Street Entertainment District, known for its vibrant nightlife and cultural attractions. It is also nestled within Austin's Central Business District (CBD), allowing investors to capitalize on the dynamic business environment and continuous flow of visitors. Proximity to the Rainey Street Historic District further enhances the appeal, leveraging the vibrant day and night traffic within Austin's core.


The Site possesses a Site Development Permit from the City of Austin.

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Attributes

Land area gross
2,466 m²
Zoning
CBD

Media

Investment Highlights

  • .609 AC, 26,539 SF
  • One block from convention center, Red Line downtown station, the spectacular Waterloo Greenway and East 6th Street Entertainment District, and adjacent to the Hilton Austin convention center hotel.
  • Wooded outdoor area with historical protected structure suitable for events or F&B space.
  • Active Site Development Permit + Plans
5th & Red River 4_Property for Sale
5th & Red River 4_Property for Sale

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5th & Red River (0 Properties)

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Last updated
18 Feb 2025