6700 Menchaca RD

Austin, TX, 78745

$7,000,000

$284 per ft²
$7,000,000
$284 per ft²
Active
Active
 - For Sale
carpenters-square
24,574 ft²
property_type
Commercial
calendar
Built 2018
Mixed-use 37 unit property for sale, newer construction (2018). Located near the intersection of Menchaca Road and West William Cannon. 23 commercial and 14 residential units, great high-end finished. Energy efficient and sustainably built, including: solar panels, EV chargers, community garden, rainwater collection tanks, and is Austin first ever mixed-use property to incorporate gray water recycling. Rents are below market, and value-add can be achieved with strategic capital improvements to make use of unutilized areas of the property, as well as repurpose the garden. Utilities are not billed-back to tenants and are being paid by the landlord. Units are advertised with utilities included. A stabilized asset is 4.77% cap.
MLS® ID:
5707988
Listed:
2/23/23
Updated:
3/28/23
Douglas Elliman Real Estate
Edward Sternberg
Office: (512) 660-2510Email: edward.sternberg@kupersir.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Concrete, Wood
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
1.72 acres lot
Exterior Features
See Remarks
Sewer
Public Sewer

Other Property Details

Area Name
10N
Garage
No
Parking
Common, Unassigned
View
Y
County
Travis
Utilities
Cable Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Phone Available, Sewer Connected, Solar, Underground Utilities, Water Connected
Water Source
Public
Pool
No
Sub Agency Compensation
0.000
Buyer Agency Compensation
2.500

Courtesy of Diggs Realty, LLC

Listing Contact:

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 Edward Sternberg 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 ©2023 (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

©2023 Austin/Central Texas Realty Information Service. All rights reserved. 

Database last updated 4:21 AM UTC, 3/28/23

 

Douglas Elliman Real Estate
Edward Sternberg
Office: (512) 660-2510Email: edward.sternberg@kupersir.com
Contact