Description
Commercial lot in the city center! Reduce parking requirement, increase impervious cover are available for this lot. Site plan is available and currently is pending approval with city of Austin. The optimal infill (no zoning change) for this lot is work-live condos. Office/commercial space in the bottom and condo on the 2nd floor plus a loft on the 3rd. Downtown views from the loft area. 7 parking spaces. The attached site plan depicts setbacks that have been approved by the city. Approved RSMP application. No variance needed on this lot due to the age of the subdivision (confirmed with city). Easy built. Estimated building size is 4500-5000 sq ft. The builder/owner can give a bid for construction project. Current best use is 4 offices and 4 two bedroom condos. After construction value is estimated 2.4 mil. Alternatively by now and hold to enjoy city's rezoning to build larger construction.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Commercial lot in the city center! Reduce parking requirement, increase impervious cover are available for this lot. Site plan is available and currently is pending approval with city of Austin. The optimal infill (no zoning change) for this lot is work-live condos. Office/commercial space in the bottom and condo on the 2nd floor plus a loft on the 3rd. Downtown views from the loft area. 7 parking spaces. The attached site plan depicts setbacks that have been approved by the city. Approved RSMP application. No variance needed on this lot due to the age of the subdivision (confirmed with city). Easy built. Estimated building size is 4500-5000 sq ft. The builder/owner can give a bid for construction project. Current best use is 4 offices and 4 two bedroom condos. After construction value is estimated 2.4 mil. Alternatively by now and hold to enjoy city's rezoning to build larger construction.
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