$1,200,000
1707 W Fm 1626, Manchaca, TX
1.09
Acres
**Seller Financing Available** - Strong 8.12% Cap Rate for investor owner once tenant is in place based on Base Rent of $24/SF/YR. Marry this excellent Cap Rate with Seller Financing and this makes a great investment property. Or purchase as owner/user with Seller Financing. This commercial property offers a dynamic work environment, blending private offices with open spaces designed for meetings or collaborative work. The property appears to be in the Austin ETJ which creates a great deal of flexibility on the intended use. The workspace exudes a home-like atmosphere, featuring amenities such as a fully-equipped kitchen, showers, and wood panel floors, enhancing the appeal of working from the office for employees. The offices boast great WiFi connectivity suitable for VPN and other remote work needs, ensuring a productive environment free from cell-phone dead zones. Each office is complemented by a window, providing picturesque wooded views. Surrounding the property is a natural oasis, including a greenbelt, canyon, and waterfall along the creek, allowing for outdoor activities like walking, fishing, or taking calls al fresco. A spacious covered Redwood deck with a view of the greenbelt is ideal for office luncheons. The property also includes a garage area suitable for manufacturing or storage, catering to various office supply and field equipment needs. Conveniently located with easy access to I-35, the property is a mere 4-minute drive from a diverse selection of restaurants, including Mexican, pizza, salads, award-winning BBQ, and food trucks offering vegetarian options. Additionally, nearby bars provide opportunities for enjoyable Happy Hours, making it a well-rounded and attractive workspace for both work and leisure. Excellent signage opportunities on FM 1626 with over 14,000 vehicles per day. Also available for lease, contact broker for details.
Facts & Features
ListingFeed | abor_vow |
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MLS® # | 1036715 |
List Price | $1,200,000 |
Sale Price | $1,135,000 |
Sale Date | March 22nd, 2024 |
Bathrooms | 0.00 |
Acres | 1.09 |
Year Built | 1966 |
Type | Commercial Sale |
Sub-Type | Office |
Status | Closed |
Community Information
Address | 1707 W Fm 1626 |
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Subdivision | Wilson |
City | Manchaca |
County | Travis |
State | TX |
Zip Code | 78652 |
Amenities
Utilities | Above Ground Utilities, Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Water Connected |
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Parking | Additional Parking, Aggregate, Asphalt, Carport, Off Street, Outside, Parking Lot, Unassigned, Unpaved, Workshop in Garage |
View | Hills, Creek/Stream |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Carpet, Linoleum, Wood |
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Heating | Central |
Cooling | Central Air |
Fireplace | No |
Exterior
Construction | Board & Batten Siding, Brick Veneer, Frame, Glass |
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Foundation | Slab, Basement |
Additional Information
Zoning | None, in the Austin ETJ. |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |