• 157 days on site
  • 0 views

A rare opportunity to own a truly versatile property just minutes from the heart of downtown Elgin. This expansive 7,015 sq ft space is currently operating as a thriving hair salon and spa, yet it has been thoughtfully designed to easily transform into a residential, commercial, or mixed-use property. Inside, you will find a flexible layout with temporary walls that create private rooms for the current business. These can be removed to reveal a wide-open, airy floor plan ready for your next vision. Whether you are dreaming of a boutique, wellness center, creative studio, office headquarters, event venue, or a one-of-a-kind live-work residence, this space delivers the square footage and adaptability to make it happen. An attached studio with its own private entrance adds even more opportunity. It is ideal for rental income, a separate business, guest suite, or private office. Perfectly positioned near booming downtown Elgin, this property offers the best of both worlds. You get privacy and space while staying just moments away from dining, shopping, and the vibrant energy of a growing city. High visibility, easy access, and strong surrounding development make this an exceptional long-term investment. This is not just a property. It is a canvas for your next chapter.

Source: Austin MLS, MLS#: 1731722

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  • Property Type
    Residential
  • Lot
    0.97 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 416 Depot ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/14/2026Source: Austin MLS Status Change
Active Under Contract
4/14/2026Source: Austin MLS Status Change
Active Under Contract
1/23/2026Source: Austin MLS Added to Database
January 23, 2026
1/23/2026Source: Austin MLS Added to Database
January 23, 2026
Listing provided courtesy of All City Real Estate Ltd. Co- MLS# 1731722MLS Provider