**Seller offering $121,272 in significant incentives to buy down rate by as much as 3%. Terms and conditions apply. Please work with our lender for details. This incredibly spacious property, located just steps from the heart of downtown, is perfect for your large family, investors, business owners, or developers. Situated on over 1/4 acre and zoned for commercial limited office or mixed-use, this home offers limitless potential.The main building currently operates as a thriving, fully furnished short-term rental, accommodating up to 13 guests and generating over $60,000 in income for 2023. With its adaptable layout, it can also serve as the ideal space for your family, with room for an attorney's office, medical practice, or startup headquarters.The additional building, constructed in 2000, features a professional-grade recording studio or podcast space, along with a versatile loft/office upstairs. With three potential rental options (only one currently utilized), it's an opportunity you won't want to miss. If you have a large family, envision creating a spacious haven here. Developers, take note: envision a teardown, and envision a mixed-use zone on this level plot in the bustling East Downtown Austin, a strategy that promises maximized profits.The property is fully fenced for your privacy and peace of mind. Don't miss the chance to explore the boundless possibilities this property offers!. Please verify all details independently, and schedule a private showing today.