After 60 years in business, an Austin institution is on the market: Cisco's Restaurant Bakery is for sale for $3.5 million.
Cisco's has operated in the 102-year-old building on the corner of East Sixth and Comal streets for more than six decades. The family-run establishment has hardly changed in that time — the wood paneling and eclectic decorations are as familiar to Austinites as the taste of the migas — but the owner is ready for a change.
The property is listed by David Huffaker, with JBGoodwin Realtors, who tells CultureMap that owner Clovis Cisneros is looking to retire.
The 6,606-square-foot space at 1511 E. Sixth St. also includes the Austin School of Photography offices and The Eastern, a popular east side bar. The new owners will be required to honor those leases until they expire — but beyond that, the future is uncertain.
Cisneros also listed the property in 2010. At that time, he told the Austin American-Statesman, "I've been coming in here 40-something years, and I've had enough. Can you imagine waking up on weekends and putting out a thousand orders of migas in one day?"
Huffaker can't predict what will become of Cisco's when the building sells, but the listing encourages interested parties to venture into the restaurant business.
"Buy and take over operations as a similar type restaurant, or come in and change the style and type of restaurant, or even convert to a bar," reads the listing. "New residential development across the street will increase resident density."
Cisco's Restaurant Bakery is on the market for $3.5 million.
