1112 W Ben White BLVD Pending

Austin,TX 78704

$ 7995000

0 Bed

0 Bath

26594 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 26,594 sqft

Price per Sqft $300

Subdivision One Park Place 02

MLS Listing ID 7477369

Originating Board actris

Year Built 1982

Annual Tax Amount $106,256

Tax Year 2023

Lot Size 1.660 Acres

Property Description

"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.

Location

State TX

County Travis

Zoning Zoning - Limited Office (LO) Land Use - General Office Code - 3003

Interior

Heating Central,ENERGY STAR Qualified Equipment,ENERGY STAR/ACCA RSI Quality Install,Heat Pump,Hot Water,Humidity Control,See Remarks

Cooling Central Air,ENERGY STAR Qualified Equipment

Flooring Concrete

Fireplace N

Exterior

Utilities Available Cable Available,Electricity Connected,High Speed Internet,Natural Gas Available,Phone Connected,Sewer Connected,Underground Utilities,Water Connected

Waterfront No

View City,City Lights,Downtown,Panoramic,Skyline,See Remarks

Accessibility Accessible Approach with Ramp,Common Area,Accessible Doors,Accessible Elevator Installed,Accessible Entrance,FullyAccessible,Hand Rails,Smart Technology,Accessible Stairway

Parking Type Additional Parking,Asphalt,Direct Access,Door-Multi,On Site,Parking Lot,Paved

Total Parking Spaces 82

Building

Story 4

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Concrete,Glass,Spray Foam Insulation,Plaster

New Construction No

Others

Restrictions City Restrictions,Zoning

Acceptable Financing Cash,Conventional

Tax Rate 0.8065

Listing Terms Cash,Conventional

Special Listing Condition Standard

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