1801 Lavaca ST 1B

Active

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!

Price:$$1,000,000 USD
Address:1801 Lavaca ST 1B
City:Austin
County:Travis
State:Texas
Zip Code:78701
Subdivision:Cambridge Condo Amd
MLS:6611977
Year Built:1964
Square Feet:2,123
Lot Square Feet:0 acres
accessibilityFeatures:None
acquistionInclusion:None
actrisCountry:US
attachedGarageYN:no
buildingAreaSource:Tax Record
buildingFeatures:Storage, See Remarks
buyerIncentive:None
constructionMaterials:None
cooling:See Remarks
currentUse:Office
disclosures:Planned Unit Development
estimatedTaxes:9204
etjExtraTerritorialJurdn:Yes
existingLeaseType:None
femaFloodPlain:No
flooring:Concrete
garageYN:no
greenEnergyEfficient:None
greenSustainability:None
habitableResidenceYN:no
heating:See Remarks
horseYN:no
intermediaryYN:yes
lastChangeTimestamp:2023-10-06T16:56:08+00:00
leasableArea:1
listingAgreement:Exclusive Right To Sell
listingContractDate:2023-10-06T00:00:00+00:00
listingService:Full Service
listingTerms:Cash, Conventional
loading:None
lockBoxDescription:Front Desk
lockBoxSerialNumber:33720980
lockBoxType:Electronic
lotSizeSource:Public Records
majorChangeTimestamp:2023-10-06T16:56:08+00:00
mlsAreaMajor:DT
mlsStatus:Active
newConstructionYN:no
numberOfBuildings:1
operatingDataYear:2023
originalListPrice:1000000
otherEquipment:See Remarks
otherStructures:Storage
parkingFeatures:None
parkingRatio:5
parkingTotal:5
possession:Close Of Escrow
privateRemarks: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 » 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! Please note there are no bathrooms currently inside the space; instead, they are located in a shared hallway with the three other office spaces. However, this space is unique as it can be converted into a residence (pending HOA approval). See office-to-residence conversion renderings by Alter Studio.
propertyCondition:Resale
propertyMatch:APN
restrictions:None
roadSurfaceType:See Remarks
securityFeatures:None
sewer:Public Sewer
specialListingConditions:Standard
statusChangeTimestamp:2023-10-06T16:56:08+00:00
storiesTotal:1
taxAnnualAmount:9665.02
taxAssessedValue:950000
taxRate:0.9966
taxYear:2023
title:Seller
utilities:None
view:See Remarks
waterSource:Public
waterfrontYN:no
yearBuiltSource:Public Records

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