116 Depot ST, Elgin, TX 78621 (MLS # 4966207)

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PRICE $695,000 dsIDX morgage calculator
SIZE 6,700 sqft
LOT SIZE 5,750 sqft

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!

LAST UPDATED 3/1/2024 TRACT Elgin City
YEAR BUILT 1935 COMMUNITY Elgin City
COUNTY Bastrop STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Feb 21, '24 $749,000
Feb 21, '24 - Today $695,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA EL
BUYER'S BROKERAGE COMPENSATION 3.000
CONSTRUCTION Brick
HEAT Central
LOT 5750 sq ft
LOT DESCRIPTION Level
PARKING Alley Access
SEWER Public Sewer
STORIES 2
SUBDIVISION Elgin City
TAXES 14271.71
UTILITIES Electricity Connected, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Downtown, Park/Greenbelt
WATER Public
ZONING Zoned C 3/1 and Zone 1 allowing 50% Commercial in front and 50% residential in rear. Located in Hist
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Property listed by Sandy Menley, Winkler & Co REALTORS, Menley
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/27/24 12:44 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2024.