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

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 Seed Property Group 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 3:06 AM UTC, 4/9/2024

 

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