Under Contract
1801 Lavaca ST # 1B
Austin TX, 78701
$995,000
$468.68 per sqft
Under Contract
2,123 sqft
Condo
Built in 1964
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!
1619430
MLSⓇ ID
October 6, 2023
Listed
April 9, 2024
Updated
Map
1801 Lavaca ST # 1B
Austin TX, 78701
Interior Features
Total Stories
1
Interior Features
See Remarks
Appliances
Dishwasher, Microwave, Refrigerator
Floor Description
See Remarks
Fireplace
No
Cooling
Yes
Cooling Description
See Remarks
Heating
No
Heating Description
None
Exterior/Building Features
Exterior Features
None
Lot Features
Corner Lot
Roof
See Remarks
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Pease
Other Property Details
Area Name
DT
Taxes
$9,665
Tax Frequency
Annually
Association Fee
$1,889
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
5
Parking
Assigned
View
Yes
View Description
See Remarks
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
---|---|---|
4/9/2024 | Under Contract | — |
1/16/2024 | Price Change | $995,000 -1% |
Courtesy of DEN Property Group
Listing Contact: (512) 222-3364
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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 3:06 AM UTC, 4/9/2024