This is a once-in-a-lifetime opportunity to acquire a fully built-out restaurant and event venue in the heart of South Congress Avenue, one of Austin’s most iconic, high-traffic corridors. With nearly 18,000 cars passing daily, unmatched visibility, and proximity to the airport and downtown, this property combines location, turnkey improvements, and a below-market lease a combination rarely available in Austin.

The property is mainly being used as a coffee shop and drive-thru with a limited menu, generating approximately $60K/month in revenue. Historically, the business achieved a peak month of $175K, demonstrating strong upside potential with expanded menu offerings, extended hours, events, or additional services.

Over $1M has been invested in new construction, improvements, and high-end equipment. Features include a fully equipped commercial kitchen, indoor and outdoor bars, patio seating, and a stage for live music or events. With 200-person capacity, the venue is designed for daily restaurant traffic, private events, live shows, or community gatherings.

One of the most attractive aspects is the below-market lease—under $5,000 NNN/month versus $10,000–$12,000 NNN/month typical in the area—creating immediate value for a new owner. The lease is transferable with landlord consent and highly favorable compared to market conditions.

Upside is significant. Current ownership has not fully maximized the property’s potential, leaving room for growth through:

Extended hours (breakfast, late night, weekends)

Private events, catering, corporate rentals

Live music nights, ticketed shows

Food trucks or pop-up vendors

Optional pickleball courts or other recreational features

Maximizing drive-thru and parking for quick-service expansion

Beyond restaurant operations, zoning allows multifamily, hotel, retail, or mixed-use redevelopment. Existing improvements could be partially converted into a boutique B&B, event hall, or mixed-use concept, creating multiple future exit strategies.

Sale includes all equipment, fixtures, furniture, and improvements, allowing a buyer to operate immediately.

Why Buy This Business?

Prime S Congress address with high visibility

Below-market lease offering substantial cost savings

Over $1M invested in turnkey improvements and equipment

Fully operational restaurant/coffee shop + event venue

Multiple growth strategies available for experienced operators

Redevelopment potential with flexible zoning

Rare availability in one of Austin’s most competitive corridors

Asking Price: $1.2M (includes all equipment, furniture, and improvements).

The combination of a world-class location, below-market rent, and a fully built-out venue makes this one of the strongest restaurant and investment opportunities currently available in Austin. Whether you are an operator seeking to expand your portfolio or an investor looking for high-value redevelopment potential, this South Congress high-value, low-risk investment in one of Austin’s most desirable markets. The property is a rare chance to secure your stake in one of the fastest-growing markets in the country.