Asking Price: $525,000

Location, Location, Location. Great investment opportunity! Prime location in the Old Town district and in the heart of Leander, just one block off of 183. Two parcels are included in the price. 1,229 square feet of gross building area on 15,007 square feet or 0.345 acres of non-contiguous land can be yours. The front and back properties are divided by a 20' unimproved alley. Survey is attached. The back property lots are mostly cleared and ready for development. Currently zoned GC-3C. These two properties also have the option to be under the smart code T4 zoning. Please contact the City of Leander (www.leandertx.gov) to explore opportunities for re-development. There is a charming 100+ year old farmhouse that has been well maintained with metal roofing, shiplap walls, and wood flooring; 4 living areas, storage, one bathroom, kitchen, and fireplace. The building is currently operating as a photography studio. Potential to be many different types of businesses. Plenty of parking space. Land to building ratio is 12:21 to 1. The properties are primely located in an established neighborhood with new development and redevelopment occurring. Lots of shops, restaurants, offices including industrial surrounds the area. East St will eventually connect to 2243. Walking distance to ACC campus, just blocks away from the Metro Rail terminal, City Hall, HEB, the new downtown square district also known as Northline, brew pubs and more. Great investment opportunity. Appointment Only.