Betty Epperson of Epperson Realty Group
MLS: 1619430 $995,000
Studio with 0 Baths1801 LAVACA ST 1B
AUSTIN TX 78701MLS: 1619430
Status: ACTIVE WITH CONTINGENCY
List Price: $995,000
Price per SQFT: $469
Square Footage: 2123Studio
0 Baths
Year Built: 1964
Zip Code: 78701
Listing Remarks
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!
Address: 1801 LAVACA ST 1B AUSTIN TX 78701
Listing Courtesy of DEN PROPERTY GROUP
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Listing Details
STATUS: ActiveUnderContract SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2023-10-06 BEDROOMS: 0 BATHROOMS FULL: 0 BATHROOMS HALF: 0 LIVING AREA SQ FT: 2123 YEAR BUILT: 1964 TAXES: $9,665 HOA/MGMT CO: Cambridge Condominiums HOA FEES FREQUENCY: Monthly HOA FEES: $1,889 HOA INCLUDES: CommonAreaMaintenance, CableTV, Electricity, Heat, HotWater, Insurance, Internet, MaintenanceGrounds, MaintenanceStructure, Parking, Sewer, Security, Trash, Utilities, Water APPLIANCES INCLUDED: Dishwasher, Microwave, Refrigerator COMMUNITY FEATURES: None EXTERIOR FEATURES: None FLOORING: SeeRemarks HEATING: None INTERIOR FEATURES: SeeRemarks LEGAL DESCRIPTION: Unt 1B Cambridge Condominiums Amended Plus 1. 011 % Int In Com Area LOT FEATURES: CornerLot # GARAGE SPACES: 5 PARKING FEATURES: Assigned PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: SeeRemarks POOL FEATURES: None SPA FEATURES: None DIRECTION FACES: East LISTING AGENT: BRYAN CADY LISTING OFFICE: DEN PROPERTY GROUP LISTING CONTACT: (512) 222-3364
Estimated Monthly Payments
List Price: $995,000 20% Down Payment: $199,000 Loan Amount: $796,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $5,031 Estimate does not include taxes, fees, insurance.
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Property Location: 1801 LAVACA ST 1B AUSTIN TX 78701
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Based on information from the Austin Board of Realtors
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Last Updated: 2024-04-28