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.
| MLS # | 4640826 |
|---|---|
| Listing Type | For Sale |
| Style | See Remarks |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 14 |
| Listing Provided By | Allure Real Estate | Monica Poss |
| SQ Feet | 2,774 |
|---|---|
| Building(s) | 3 |
| Zoning | Zoning is GR-MU-NP |
| Acreage | 0.72 |
| Cooling | Central Air, Wall/Window Unit(s) |
|---|---|
| Heating | Central |
| Flooring | Tile, Wood |
| Foundation Details | Pillar/Post/Pier, Slab |
|---|---|
| Topography | Level |
| Construction Materials | Frame, Wood Siding |
| Parking Features | Driveway, Open |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 14574 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Shady Lane Add |
| Listing VS Median (in Shady Lane Add) | |
Price: $975,000 low | high Med: $975,000 sqft: 2,774 low | high Med: 2,774 $ / sqft: $351 low | high Med: $351 On site: 14 low | high Med: 14 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78702 |
| Area | 5 |
| Community Name | Shady Lane Add |
| Listing VS Median (in Shady Lane Add) | |
Price: $975,000 low | high Med: $975,000 sqft: 2,774 low | high Med: 2,774 $ / sqft: $351 low | high Med: $351 On site: 14 low | high Med: 14 | |