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1627 Williams Dr
Georgetown, TX 78628
Mars Hill Professional Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
2,488 SF
Building Class
B
Year Built/Renovated
1960/2010
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,488 SF
Building FAR
0.15
Lot Size
0.39 AC
Zoning
OFC
Parking
11 Spaces (4.42 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 1627 WILLIAMS DR , GEORGETOWN, TX 78628

Brief history of the Mars Hill Professional Center. This office building represents the current owner's dream to start a real estate company on Williams Drive, one of the most visible commercial thoroughfares in Georgetown, TX. Investing in this building helped him to get a foothold in the real estate market and develop one of the most innovative property management companies in the greater Austin and Washington DC markets. The idea was that he would start small and only occupy a small office and rent out the rest, essentially eliminating the office overhead that burdens most small businesses. As Mars Hill grew over the next 8 years, their space requirements grew with it, and this flexible floorplan allowed them to tailor their tenant occupants accordingly. Now that Mars Hill has transitioned to a 100% remote workplace environment, there is no longer a need for a physical headquarters. We hope the next owner can also use this flexible office space to grow their business as well. Layout of the Building. Currently the building is divided into two main suites with four offices each. There are small, medium and large sized offices as well as offices that connect into one another. This variety of sizes has helped keep this building marketable to a wide range of business needs and keep it easily rented and reduce vacancy risk. This is the ideal layout, as opposed to large warehouse space, because there are many small businesses that start and grow in Georgetown. There is a conference room, break room, waiting room and workstation bar, in addition to 4 bathrooms. Location Advantage. The location of this building is located on Williams Drive, less than a 2 mile drive after exiting Interstate 35. This makes it very convenient to find when coming off the highway. In addition, an estimated 30,000 vehicles per day pass by Williams Drive creating a tremendous branding opportunity with proper signage. There is enough parking space for 11 vehicles and there are two outdoor sheds for additional storage. The lot is .36 acres and there is a large backyard for future expansion by the next owner. Lastly, both lots next to this one are for sale, creating a rare opportunity for the next owner to develop a unique commercial project. Summary. This is a unique turn-key commercial investment that is easy to rent with solid appreciation and rental income history. We hope the next owner will not only enjoy the investment potential of the Mars Hill Professional Center but also use this office complex to grow professionally in this wonderful, business-friendly city of Georgetown, Texas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R048341
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$600,000
  • Listing ID: 12209395

  • Date on Market: 4/10/2018

  • Last Updated:

  • Address: 1627 Williams Dr, Georgetown, TX 78628

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