Pending

6700 Menchaca RD

Austin TX, 78745

$7,000,000


$284.85 per sqft

Pending

24,574 sqft

Commercial

Built in 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.

5707988

MLS ID

February 24, 2023

Listed

November 18, 2023

Updated

Map

6700 Menchaca RD
Austin TX, 78745

Interior Features

Floor Description

Concrete, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.72 acres


Exterior Features

See Remarks


Sewer

Public Sewer

Other Property Details

Garage

No


Parking

Common, Unassigned


View

Yes


View Description

Garden


County

Travis


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/18/2023

Pending

Courtesy of Diggs Realty

Listing Contact:

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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

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Database last updated 2:27 AM UTC, 11/18/2023

 

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