116 Depot Street, Elgin

$695,000

0 Bed
0 Bath
.13 Acre
0 Garage

Built in 1890 by Thomas O'Conner, this is the last 2 story building in Elgin that has not been redone! Originally bricks came from Butler Brick , but O'Conner found a source for good clay and made his own. This building sits on a wonderful location, across from Veterans Memorial Park, diagonal from the site of a huge new City Park in the planning stage and just down from what will be Elgin's new police Station. On the back side is the Post Office. With approximately 6700 square feet per BCAD, this building has the possibility of being one of the most important buildings in downtown Elgin.The original freight elevator is still there and in working order! The downstairs would be a good location for a restaurant/venue with plenty of room for outdoor seating at the back with a view of an original mural by the owner of the building! Upstairs has been an artist studio but could be an amazing home, or 3-4 apartments. Elgin is a growing, thriving community and this is a rare opportunity! There are state and federal tax credits as well as the potential of funds through Elgin's EDC for the right project!

Essential Information
MLS® #4966207
Price$695,000
Bathrooms0.00
Acres0.13
Year Built1935
TypeCommercial Sale
Sub-TypeOther
StatusActive
Community Information
Address116 Depot Street
AreaEL
SubdivisionElgin City
CityElgin
CountyBastrop
StateTX
Zip Code78621
Amenities
ParkingAlley Access
ViewCity, Park/Greenbelt
Utilities

Electricity Connected, Sewer Connected

Interior
InteriorWood
HeatingCentral
Exterior
Lot DescriptionLevel
ConstructionBrick
FoundationSlab, Pillar/Post/Pier
Additional Information
Date ListedOctober 24th, 2023
Days on Market126
ZoningZoned C 3/1 and Zone 1 al
Listing Details
Office Contact(512) 963-1113
Property History
Price Reduced from $749,000 to $695,000
Price Reduced from $780,000 to $749,000
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 3rd, 2024 at 9:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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