311 E Saint Elmo Rd 37,540 sq ft Office Property Austin, TX 78745 For Sale

The industrial property at 311 E. St. Elmo Street in Austin’s St. Elmo Arts District totals about 37,970 square feet and sits on roughly 1.58 acres. Built in 1984, the tilt-wall structure combines approximately 25% office space and 75% warehouse space with 12 grade-level overhead doors and suites ranging from 2,700 to 7,170 square feet. Major upgrades include an insulated TPO roof added in 2016, resurfaced asphalt and storm-water improvements from 2018 and HVAC systems two to nine years old. The building offers 73 parking spaces and is zoned Limited Industrial.
The property lies in the St. Elmo Arts District, a once-industrial area now known for murals, breweries and creative businesses. The district is bounded by State Highway 290 and I-35 and falls within the South Congress Transit Center Station Area Vision Plan, which maps high-density mixed-use along South Congress Avenue, moderate-density mixed-use to the east and an employment-focused district around existing light industrial nodes. Planned improvements include better sidewalks and bike facilities along St. Elmo Street and a 200,000-square-foot mixed-use project at South Congress and Industrial boulevard. This combination of functional industrial space and a rapidly transforming neighborhood offers both immediate utility and potential long-term upside.