2605 E 5th St, Austin, TX 78702

Fabulous opportunity for adding value and returns on this site. The existing structure is a tear-down. This property is part of the Holly Neighborhood comprehensive plan and changed the zoning of 2605 E. 5th Street (by Ordinance 011213-44) from SF-3 to GR-CO-MU-NP so the possibilities are many! GR (Community Commercial): This base district is intended for offices and commercial uses serving community and neighborhood needs. CO (Conditional Overlay): This is a combining district that modifies and restricts the uses and development standards allowed by the base zoning district which limits building height to 50' and no more than 16 units. MU (Mixed Use): indicates that the property can now be developed with a blend of commercial and residential components. NP (Neighborhood Plan): means that the property is part of a Neighborhood Plan (the Holly Neighborhood Plan ). See "Reports" for Holly Neighborhood Plan.