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

November 21, 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

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor John Wilkinson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

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 7:17 PM UTC, 11/21/2024

 

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