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2500 W William Cannon Dr - Bldg 3 1,375 - 3,408 SF Office/Medical Condo Units Offered at $535,000 - $1,125,000 Per Unit in Austin, TX 78745
INVESTMENT HIGHLIGHTS
- Densely populated area with over 275,000 people in a 5-mile radius of the property
- Four-minute drive to Mopac
- Full set of plans available to convey with the unit
- High traffic! Over 31,000 cars per day on William Cannon Drive.
- 12-minute drive to Downtown Austin
EXECUTIVE SUMMARY
Built in 2010, Stonegate Two was the last phase of the Stonegate development, which is approximately 120,000 square feet of office and medical space. Just east of the corner of West Gate Blvd. and William Cannon, this location is central to everything in South Austin. Building 3 sits directly to the left of the front entrance off William Cannon, giving the unit maximum visibility and exposure. The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200. Suite 304 is a total of 1,375 square feet and is currently in warm shell condition. The unit is finished out but will need a new electrical service. Approved ESPA from Austin Energy and Seller has a full set of CD's ready to submit if any changes in the architectural need to be made, which convey with the sale.
PROPERTY FACTS
| Total Building Size | 10,481 SF | Typical Floor Size | 10,481 SF |
| Property Type | Office | Year Built | 2009 |
| Property Subtype | Medical | Lot Size | 8.22 AC |
| Building Class | B | Parking Ratio | 3.72/1,000 SF |
| Floors | 1 | ||
| Zoning | LO-CO-NP - Limited Office (LO) zoning supports medical and office uses. | ||
| Total Building Size | 10,481 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 10,481 SF |
| Year Built | 2009 |
| Lot Size | 8.22 AC |
| Parking Ratio | 3.72/1,000 SF |
| Zoning | LO-CO-NP - Limited Office (LO) zoning supports medical and office uses. |
AMENITIES
- Conferencing Facility
- Security System
- Signage
- Kitchen
- Storage Space
- Reception
2 UNITS AVAILABLE
Unit 305A
| Unit Size | 1,375 SF | Condo Use | Office/Medical |
| Price | $535,000 | Sale Type | Investment or Owner User |
| Price Per SF | $389.09 | APN/Parcel ID | 759661 |
| Unit Size | 1,375 SF |
| Price | $535,000 |
| Price Per SF | $389.09 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 759661 |
DESCRIPTION
Building 3 sits directly to the left of the front entrance off William Cannon giving the unit maximum visibility and exposure.
The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200.
SALE NOTES
Warm shell available at a reduced price! ESPA to add new electrical service has been approved and the Seller has a full set of architectural plans that would convey with the sale or you can start with a blank slate and design to your specifications! Full HVAC is installed and there is a bathroom in place.
Unit 305B
| Unit Size | 3,408 SF | Sale Type | Investment or Owner User |
| Price | $1,125,000 | Sale Status | Under Contract |
| Price Per SF | $330.11 | APN/Parcel ID | 759661 |
| Condo Use | Office/Medical |
| Unit Size | 3,408 SF |
| Price | $1,125,000 |
| Price Per SF | $330.11 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| APN/Parcel ID | 759661 |
DESCRIPTION
Building 3 sits directly to the left of the front entrance off William Cannon giving the unit maximum visibility and exposure.
The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200.
SALE NOTES
Currently in use as medical office for a hair restoration doctor but could easily be converted to an office use or dental. Can be combined with suite 305A for a total of 4,783 sf for $1,850,000.
Presented by
2500 W William Cannon Dr - Bldg 3
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