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Office Vacant-User

Single-Tenant Office Building

1614 W 5th St, Austin, TX 78703

Listing Price: $2,500,000

Gross SF
2,252
Rentable SF
2,252
Price/Gross SF
$1,110.12
Lot Size
0.14 acres
Year Built
1964

Investment Overview

The subject property provides qualified investors the opportunity to acquire a rare commercial property on West 5th Street in the heart of downtown Austin, Texas. The property is 0.14 Acres with a remodeled 2,252 square foot multi-functional office space in one of the most desirable commercial zones in the city. Built in 1945, the initial structure was renovated and enhanced by the current owners who utilize the space for their business. The building is in exceptional shape for its age and boasts several different unique office configurations, break rooms and bathrooms that could be utilized in a variety of ways. The property will be sold vacant, as is, providing a unique opportunity for either an owner user or qualified investor looking to lease out the space.

This section of downtown has been in high demand of late with development occurring up and down both West 5th and West 6th Street attracting retail and office users alike to the area. As the city continues to grow and downtown demand increases, the need for office space will continue to mirror this growth pattern continuing to enhance both the value of the asset and potential rental rates achievable in this submarket.

Please reach out to the listing agent with any specific questions or needs you may have on the asset.

Investment Highlights

  • Rare Downtown Austin Location
  • Renovated Owner User Office Building
  • Exceptional Traffic Counts
  • Multiple Office and Conference Rooms

Exclusively Listed By

Financing By

Office Vacant-User

Single-Tenant Office Building

Listing Price: $2,500,000

Gross SF
2,252
Rentable SF
2,252
Price/Gross SF
$1,110.12
Lot Size
0.14 acres
Year Built
1964

Investment Highlights

  • Rare Downtown Austin Location
  • Renovated Owner User Office Building
  • Exceptional Traffic Counts
  • Multiple Office and Conference Rooms

Investment Overview

The subject property provides qualified investors the opportunity to acquire a rare commercial property on West 5th Street in the heart of downtown Austin, Texas. The property is 0.14 Acres with a remodeled 2,252 square foot multi-functional office space in one of the most desirable commercial zones in the city. Built in 1945, the initial structure was renovated and enhanced by the current owners who utilize the space for their business. The building is in exceptional shape for its age and boasts several different unique office configurations, break rooms and bathrooms that could be utilized in a variety of ways. The property will be sold vacant, as is, providing a unique opportunity for either an owner user or qualified investor looking to lease out the space. This section of downtown has been in high demand of late with development occurring up and down both West 5th and West 6th Street attracting retail and office users alike to the area. As the city continues to grow and downtown demand increases, the need for office space will continue to mirror this growth pattern continuing to enhance both the value of the asset and potential rental rates achievable in this submarket. Please reach out to the listing agent with any specific questions or needs you may have on the asset.

Exclusively Listed By

Financing By

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