Pending
1112 W Ben White BLVD
Austin TX, 78704
$7,995,000
$300.63 per sqft
Pending
26,594 sqft
Commercial
Built in 1982
"Where Visibility Meets Opportunity - Your Rare Business Address Awaits", an unmissable presence for brand exposure on a Major high-traffic volume highway in a highly visible location on Ben White Blvd./Highway 71, a Major east-west connectivity corridor in the heart of Austin!
Strategically located in the South Austin Submarket of Austin's MSA, only a few miles from the pulsating downtown district, vibrant SOCO, the ever-evolving South Lamar District, the anticipated $1B Brodie Oaks Redevelopment project, and being just 8 miles from ABIA, One Park Place is a magnet for businesses keen on tapping into Austin's younger, more affluent, and increasing Gen Z workforce in the 04' zip code, and surrounding area.
This understated, oak-covered lot showcases a 26,594 sq ft office building with over $1.5 million invested in recent upgrades/renovations in an entirely new HVAC system, electrical work throughout, new duct installation, a new Water Sys. Config. for optimal efficiency, a new roof, interior upgrades, & a brand new BAS system for centralized control. The Seller thoughtfully renovated the building, leaving room for value-add enhancements and easy buildouts utilizing the naturally-illuminated open-concept layout, elevated 10'-12' ceilings, removal of flooring down to the concrete sub-floor, and favorable floor plans, to easily increase value & cash flow with minimal upfront costs.
The flexibility and adaptability of the blank canvas space in general, and the Limited Office (LO) Zoning designation within the thriving area of 78704 would unquestionably solicit any Owner/Occupant, Medical Office Space utility (right across from the St. David's South Medical Complex), a Surgery Center/Ambulatory Clinic, any new or existing business seeking massive Brand exposure through high-visibility marketing, an Investor looking for value in a rebounding sector, a multi-tenant play, or any business that benefits from the unparalleled building signage opportunity on multiple sides.
7477369
MLSⓇ ID
June 15, 2024
Listed
October 14, 2024
Updated
Map
1112 W Ben White BLVD
Austin TX, 78704
Interior Features
Total Stories
4
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, ENERGY STAR Qualified Equipment
Heating
Yes
Heating Description
Central, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Quality Install, Heat Pump, Hot Water, Humidity Control, See Remarks
Exterior/Building Features
Lot Size
1.66 Acres
Sewer
Public Sewer
Other Property Details
Area Name
6
Taxes
$106,257
Tax Frequency
Annually
Garage
No
Parking
Additional Parking, Asphalt, Direct Access, Door-Multi, On Site, Parking Lot, Paved
View
Yes
View Description
City, City Lights, Downtown, Panoramic, Skyline, See Remarks
County
Travis
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/14/2024 | Pending | — |
Courtesy of Douglas Elliman Real Estate
Listing Contact: (713) 927-4250
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 5:51 PM UTC, 10/14/2024