For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,123 sqft
Price per Sqft $415
Subdivision Cambridge Condo Amd
MLS Listing ID 6611977
Sold Date 05/21/24
Originating Board actris
Year Built 1964
Annual Tax Amount $9,665
Tax Year 2023
Property Description
Rare downtown commercial office space for sale that can be also converted into a residence or live + work at the prestigious & historic Cambridge Tower. It is one of the most iconic buildings near the Capitol Complex In the center of it all but away from the hustle & bustle in the heart of The Arts District. It is currently designed as an open office; however, Alter Studio, an award–winning, architecture & design firm (also located in the building), has designed a one–of–a–kind residential loft (see renderings). This offering comes with five parking spaces » Nowhere else will you find the convenience of a ground–floor downtown Austin commercial address combined with the amenities of a luxury residential building that has the possibility of being converted into a bespoke residential loft (pending HOA approval). The space has an authentic loft feel with exposed concrete ceilings & large windows that are difficult to replicate anywhere else within the city limits. Utilize the 2,123 SF open floor plan to record your next album or launch your next start-up or host exclusive tailgate events by the pool before enjoying the short walk to DKR Texas Memorial Stadium » As part of the Cambridge Tower’s association, you have access to a range of amenities, including a new, soon–to–be–renovated lobby designed by alterstudio, 24/7 concierge, owner’s lounge & auxiliary conference room, fitness center, pool, rooftop garden & 5 reserved parking spaces in the limited-access underground parking garage. With only 4 commercial spaces in the building, you'll experience a tranquil & professional atmosphere » In addition, the center of gravity of downtown Austin is shifting north with significant investment in the neighborhood including but not limited to the upcoming MD Anderson Center & Dell Medical Center, Moody Amphitheater at Waterloo Park, the New Texas Mall, the new Moody Center & Austin's Innovation District. Seize this rare opportunity to work/live in the heart of the new downtown!
Location
State TX
County Travis
Interior
Heating See Remarks
Cooling See Remarks
Flooring Concrete
Fireplace N
Exterior
Utilities Available None
Waterfront No
View See Remarks
Accessibility None
Parking Type None
Total Parking Spaces 5
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 0.9966
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non Member