$ 1,650,000
5115 N Lamar BLVD Austin, TX 78751
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$ 1,650,000
Est. payment /mo
Price Dropped by $850K
5115 N Lamar BLVD Austin, TX 78751
10,946 SqFt
UPDATED:
11/04/2024 01:39 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,946 sqft
Price per Sqft $150
Subdivision Wallace J P
MLS Listing ID 4138103
Originating Board actris
Year Built 1942
Annual Tax Amount $18,092
Tax Year 2024
Lot Size 0.251 Acres
Acres 0.251
Property Description
The property is a versatile, mixed-use commercial building located in a prime, high-traffic area at the heart of the city. With its strategic positioning, it seamlessly blends residential comfort with commercial potential, making it an ideal choice for investors or businesses looking for a hybrid space.
The building offers 14 spacious rooms that can be tailored for residential occupancy or adapted for office use, providing ample space for staff, guests, or tenants. The 5 full bathrooms are thoughtfully distributed across the property, equipped with modern fixtures, ensuring convenience for both residents and potential business clients. Two large deck areas provide outdoor space, ideal for relaxation, hosting events, or outdoor meetings, enhancing the appeal of the propertFor those seeking convenience, the building features 7 designated parking spaces, a rare asset in such a central location, accommodating both residents and visitors. Proximity to a wide range of amenities, including popular restaurants, shopping centers, and government offices, makes this building exceptionally accessible. The area also boasts excellent public transport connections, ensuring easy access for employees, clients, or tenants.
This unique combination of residential adaptability and commercial suitability positions the building as an excellent choice for companies, co-living arrangements, or short-term rental opportunities. Its central location and versatility offer limitless potential to meet the needs of modern urban living and business demands alike. Owner is willing to carry the note.
The building offers 14 spacious rooms that can be tailored for residential occupancy or adapted for office use, providing ample space for staff, guests, or tenants. The 5 full bathrooms are thoughtfully distributed across the property, equipped with modern fixtures, ensuring convenience for both residents and potential business clients. Two large deck areas provide outdoor space, ideal for relaxation, hosting events, or outdoor meetings, enhancing the appeal of the propertFor those seeking convenience, the building features 7 designated parking spaces, a rare asset in such a central location, accommodating both residents and visitors. Proximity to a wide range of amenities, including popular restaurants, shopping centers, and government offices, makes this building exceptionally accessible. The area also boasts excellent public transport connections, ensuring easy access for employees, clients, or tenants.
This unique combination of residential adaptability and commercial suitability positions the building as an excellent choice for companies, co-living arrangements, or short-term rental opportunities. Its central location and versatility offer limitless potential to meet the needs of modern urban living and business demands alike. Owner is willing to carry the note.
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Other, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront No
Parking Type Outside
Total Parking Spaces 7
Building
Sewer Public Sewer
Water Public
Structure Type Clapboard
New Construction No
Others
Special Listing Condition Real Estate Owned
Listed by Buttross Properties