for sale: 612 east 6th street $1,000,000

8
Tr av is Coun ty SH 130 35 183 183 183 290 290 1 1 71 71 71 130 Travis Co. Travis Co. City of Austin Walter E. Long Lake SITE 5 Miles County IH 35 Major Road Minor Road City of Austin Lake A i r po r t B l v d . Mar tin L uthe r King Jr. B lvd. Ben W hi te B lvd. 6TH 5TH IH-35 RED RIVER E 6TH ST E 7TH ST SABINE ST E 5TH ST N IH 35 SVRD SB N IH 35 SB N IH 35 NB E 6TH TO IH 35 SB RAMP ACL TRAVIS CO. I-35 200 Feet 612 E 6th IH 35 Major Road Minor Road SITE 35 E 5TH ST Use/Description: Restaurant/Bar Sector: CBD (Central Business District) Taxes: $16,364.92 Utilities: Water, Electric, Gas, Cable in Building Location Details: Downtown location on 6th Street between Red River and Sabine Street. Amenities: Large tree-shaded patio and great visibil- ity. Exp: See Broker All information furnished regarding this property is from sources deemed reliable; however Southwest Strategies Group, Inc. (SSG) has not made an independent investigation of these sources and no warranty or representation is made by SSG as to the accuracy thereof and same is submitted subject to errors, omission, change of price, rental or other conditions, prior sale, lease or withdrawl from market without notice. SSG has not made and shall not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property. This report is for your use as long as you have need of it, but at all times is the property of Southwest Strategies Group, Inc. Under no circumstances is this report to be reproduced, copied or in any way duplicated without the express written consent of SSG. FOR SALE: 612 East 6th Street FOR SALE: $1,000,000 SIZE: 5,837 SF on 0.129 Acres PROPERTY HIGHLIGHTS: Great user property for a food/bev- erage operator. Located in Austin’s historic 6th Street District with immediate proximity to Austin’s East Side, Red River, and 6th Street Retail and Entertainment Districts. This is an excellent property for re- development due to its large lot size and non-historic status. 1 year lease commencing January 1, 2011 (can be canceled on 30 day notice). John Rosato Southwest Strategies Group, Inc. Office: 512.458.8153 ext. 202 E-Mail: [email protected] URL: www.swsg.com PLEASE CONTACT: Austin, Texas 78701 2010 Demographics 1-Mile 3-Mile 5-Mile Population Estimate 14,033 151,461 304,027 # of Households 6,165 64,200 125,756 Avg. H.H. Income $81,210 $56,935 $62,574 Daytime Population 77,608 159,892 273,143 Source: US Census Bureau, LEHD

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Page 1: FOR SALE: 612 East 6th Street $1,000,000

Travis

County

SH13

0

35

35

183

183

183

290

290

1

1

1

71

71

71

130

130

Williamson Co.

Travis Co.

Travis Co.

Travis Co.

City ofAustin

LakeTravis

Walter E. Long Lake

SITE

10

9

8

7

65

4

3

21

SITE: 1114 West 5th StreetTwo Blocks from Whole Foods and Near Downtown Austin, TX

5Miles

Date: January, 2011 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - Cartographer: Shawn M. Strange (Contact: [email protected]) - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/).

County

IH 35

Major Road

Minor Road

City of Austin

Lake

Airpo

rt Blvd.

Martin Luther King Jr. Blvd.

Ben White Blvd.

7TH

6TH

5TH IH-3

5

RED

RIV

ER

E 6TH ST

E 7TH ST

SABI

NE

ST

E 5TH ST

N IH

35

SVR

D S

B

N IH

35

SB

RED

RIV

ER S

T

N IH

35

NB

APD

MA

IN

E 6T

H T

O IH

35

SB R

AM

P

ACL

TRAVISCO.

I-35

200Feet

Date: November, 2010 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/). Land Use/Zoning - City of Austin (ftp://ftp.ci.austin.tx.us/GIS-Data/Regional/zoning/)

612 E 6th

IH 35

Major Road

Minor Road

SITE

Site West of I-35 not on Current FLUMAustin Future Land Use Map

35

E 5TH ST

Use/Description: Restaurant/BarSector: CBD (Central Business District)Taxes: $16,364.92Utilities: Water, Electric, Gas, Cable in BuildingLocation Details: Downtown location on 6th Street between Red River and Sabine Street. Amenities: Large tree-shaded patio and great visibil-ity.Exp: See Broker

All information furnished regarding this property is from sources deemed reliable; however Southwest Strategies Group, Inc. (SSG) has not made an independent investigation of these sources and no warranty or representation is made by SSG as to the accuracy thereof and same is submitted subject to errors, omission, change of price, rental or other conditions, prior sale, lease or withdrawl from market without notice. SSG has not made and shall not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property. This report is for your use as long as you have need of it, but at all times is the property of Southwest Strategies Group, Inc. Under no circumstances is this report to be reproduced, copied or in any way duplicated without the express written consent of SSG.

FOR SALE: 612 East 6th Street FOR SALE:

$1,000,000SIZE:5,837 SF on 0.129 Acres

PROPERTY HIGHLIGHTS:Great user property for a food/bev-erage operator. Located in Austin’s historic 6th Street District with immediate proximity to Austin’s East Side, Red River, and 6th Street Retail and Entertainment Districts. This is an excellent property for re-development due to its large lot size and non-historic status. 1 year lease commencing January 1, 2011 (can be canceled on 30 day notice).

John RosatoSouthwest Strategies Group, Inc.

Office: 512.458.8153 ext. 202E-Mail: [email protected]

URL: www.swsg.com

PLEASE CONTACT:

Austin, Texas 78701

2010 Demographics 1-Mile 3-Mile 5-MilePopulation Estimate 14,033 151,461 304,027# of Households 6,165 64,200 125,756Avg. H.H. Income $81,210 $56,935 $62,574Daytime Population 77,608 159,892 273,143Source: US Census Bureau, LEHD

Page 2: FOR SALE: 612 East 6th Street $1,000,000

Package Contains the Following

Site: Regional Location

Site: Location in the Urban Center

Site: Site with Pricing Detail

Site: Site Zoom in with Dimensions

Site: Area Zoning

Information About Brokerage Services

Page 3: FOR SALE: 612 East 6th Street $1,000,000

Travis C

ounty

SH 130

35

35

183

183

183

290

2901

1

1

71

71

71

130

130

Williamson Co.

Travis Co.

Travis Co.

Travis Co.City ofAustin

LakeTravis

Walter E. Long LakeSITE

10

9

8

7

65

4

3

21

FOR SALE: 612 East 6th St.Located on 6th St. between Red River and Sabine St. - Austin, TX

5Miles

Date: January, 2011 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - Cartographer: Shawn M. Strange (Contact: [email protected]) - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/).

County

IH 35Major RoadMinor Road

City of Austin

Lake

Page 4: FOR SALE: 612 East 6th Street $1,000,000

Lady Bird Lake

5TH

6TH

LAM

AR

CESAR CHAVEZ

RIVERSIDE

IH-35

6TH7TH

5TH

15TH

1ST

LAMA

R

4TH

12TH

8TH

3RD

RED

RIVE

R

LAVA

CA

11TH

CESAR CHAVEZ

TRIN

ITY

CONG

RESS

RIVERSIDE

SAN

JACI

NTO

2ND

26TH

MARTIN LUTHER KING

BRAZ

OS

ENFIELD

BARTON SPRINGS

MANOR

GUAD

ALUP

E

12TH

ACLTRAVIS

CO.

I-35

0.5Miles

Date: November, 2010 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/). Land Use/Zoning - City of Austin (ftp://ftp.ci.austin.tx.us/GIS-Data/Regional/zoning/)

IH 35

Major Road

Minor Road

Railroad

SITE

35

Great Location Downtown Near Multiple Landmarks & DestinationsFOR SALE: 612 East 6th St.

UT Austin Football Stadium

UT Austin Campus

The Long Center for the Performing Arts

Downtown and Central Business District

CapitolBuilding

Page 5: FOR SALE: 612 East 6th Street $1,000,000

E 5TH ST

E 6TH ST

E 7TH STSA

BINE

ST

N IH

35 SB

E 5TH ST

N IH

35 SV

RD SB

RED

RIVE

R ST

N IH

35 N

B

APD

MAI

N

E 8TH ST

E 6TH

TO IH

35 SB

RAM

P

ACLTRAVIS

CO.

I-35

400Feet

Date: November, 2010 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/). Land Use/Zoning - City of Austin (ftp://ftp.ci.austin.tx.us/GIS-Data/Regional/zoning/)

SITE

IH 35

Major Road

Minor Road

SITESquare Footage: 5,837Price: $1,000,000Taxes: $16,364.92

Located on 6th St. between Red River and Sabine St. - Austin, TXFOR SALE: 612 East 6th St.

35

Page 6: FOR SALE: 612 East 6th Street $1,000,000

ACLTRAVIS

CO.

I-35

50Feet

Date: November, 2010 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/). Land Use/Zoning - City of Austin (ftp://ftp.ci.austin.tx.us/GIS-Data/Regional/zoning/)

SITE

East 6th Street

Alleyway Behind Property

BackPatio

FOR SALE: 612 East 6th St.Located on 6th St. between Red River and Sabine St. - Austin, TX

40'75

'

50'

125'

Page 7: FOR SALE: 612 East 6th Street $1,000,000

P

CBD

P

P

CS

CBD

CBD

P

CBD

CS

TOD-NP

UNZ

CBD

CBD

CBD

CBD

CBD

CBD

CBD

CBD

CBDCBD

CBDCBD

CBD

CBD

CBD

CBD

UNZ

CBD

DMU

DMUDMU

CBD

P

CBD

CBD

CBD

CBD CBD

CBD

CBDCBD

CBD-CURE

P

CBD-CO

TOD-NP

TOD-NP

TOD-NP

P-H

CBD-CO

TOD-NP

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CS-1

CBD

CBD

CBD

DMU

CBD

CBD

TOD-NP

MF-4

DMU

DMU

DMU

CBD

TOD-NP

DMU

CBD

TOD-NP

TOD-NP

CBD-H

CBD-H

CBDCBD

TOD-NPTOD-NP

TOD-NP

CBD-CURE-CO

TOD-NP

CS

CS

CBD

CBD

CBD

CBDCBD

TOD-H-NP

TOD-NP

DMU

SF-3-NP

CBD-H

TOD-NP

SF-3-NP

CBD-H

CBD-H

CBD

CBD-HCBD

CBD-H

CBD

CS-MU-NCCD-NP

CS-MU-NCCD-NP

CBD-H CBD

CBD

CBD-CURE-CO

CBD

CBD-H

CBD-H CBD-H

MF-4

CBD

CBD-HCBD-H

CBD

SF-3-NCCD-NP

MF-4CBD

CS-MU-NCCD-NP

CBD

ACLTRAVIS

CO.

I-35

300Feet

Date: November, 2010 - Geographic Coordinate System: NAD_1983_StatePlane_Texas_Central_FIPS_4203_Feet - This Document Was Developed and Designed by Southwest Strategies GroupShapefile Sources: Roads/Parcels, 2009 Aerial Imagery - Capital Area Council of Governments CAPCOG (www.capcog.org/information-clearinghouse/geospatial-data/). Land Use/Zoning - City of Austin (ftp://ftp.ci.austin.tx.us/GIS-Data/Regional/zoning/)

SITE

IH 35

Major Road

Minor Road

Railroad For Zoning Definitions:http://www.ci.austin.tx.us/development/zoning.htm

SITE 35

Zoning: CBD - Central Business District (Definitions at Below Website)FOR SALE: 612 East 6th St.

Page 8: FOR SALE: 612 East 6th Street $1,000,000

EQUAL HOUSINGOPPO RTU N ITY

Approved by the Texas Real Estate Commission for Voluntary Use

efore working with a real estate broker, you shouldBknow that the duties of a broker depend on whomthe broker represents. If you are a prospectiveseller or landlord (owner) or a prospective buyer or

tenant (buyer), you should know that the broker who liststhe property for sale or lease is the owner’s agent. Abroker who acts as a subagent represents the owner incooperation with the listing broker. A broker who acts asa buyer’s agent represents the buyer. A broker may act asan intermediary between the parties if the partiesconsent in writing. A broker can assist you in locating aproperty, preparing a contract or lease, or obtainingfinancing without representing you. A broker is obligatedby law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into anagreement with the owner, usually through a written -listing agreement, or by agreeing to act as a subagent byaccepting an offer of subagency from the listing broker. Asubagent may work in a different real estate office. Alisting broker or subagent can assist the buyer but doesnot represent the buyer and must place the interests ofthe owner first. The buyer should not tell the owner’sagent anything the buyer would not want the owner toknow because an owner’s agent must disclose to theowner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into anagreement to represent the buyer, usually through awritten buyer representation agreement. A buyer’s agentcan assist the owner but does not represent the ownerand must place the interests of the buyer first. The ownershould not tell a buyer’s agent anything the owner wouldnot want the buyer to know because a buyer’s agent mustdisclose to the buyer any material information known to theagent.

IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the partiesif the broker complies with The Texas Real Estate License

Act. The broker must obtain the written consent of eachparty to the transaction to act as an intermediary. Thewritten consent must state who will pay the broker and, inconspicuous bold or underlined print, set forth the broker’sobligations as an intermediary. The broker is required totreat each party honestly and fairly and to comply withThe Texas Real Estate License Act. A broker who actsas an intermediary in a transaction:

(1) shall treat all parties honestly; (2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner; (3) may not disclose that the buyer will pay a pricegreater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do soby The Texas Real Estate License Act or a courtorder or if the information materially relates to thecondition of the property.

With the parties’ consent, a broker acting as anintermediary between the parties may appoint a person whois licensed under The Texas Real Estate License Actand associated with the broker to communicate with andcarry out instructions of one party and another person whois licensed under that Act and associated with the brokerto communicate with and carry out instructions of theother party.

If you choose to have a broker represent you, you should enter into a written agreement with the brokerthat clearly establishes the broker’s obligations and yourobligations. The agreement should state how and bywhom the broker will be paid. You have the right tochoose the type of representation, if any, you wish toreceive. Your payment of a fee to a broker does notnecessarily establish that the broker represents you. If youhave any questions regarding the duties andresponsibilities of the broker, you should resolve thosequestions before proceeding.

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a questionor complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Information About Brokerage Services

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant Date

01A TREC No. OP-K