$7,000,000

6700 Menchaca Road, Austin, TX

1.72

Acres

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.

Facts & Features

ListingFeed abor_vow
MLS® # 5707988
List Price $7,000,000
Sale Price $6,500,000
Sale Date December 21st, 2023
Bathrooms 0.00
Acres 1.72
Year Built 2018
Type Commercial Sale
Sub-Type Mixed Use
Status Closed

Community Information

Address 6700 Menchaca Road
Subdivision Theodore Bissell Surv #18
City Austin
County Travis
State TX
Zip Code 78745

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Parking Common, Unassigned
View Garden
Is Waterfront No
Has Pool No

Interior

Interior Concrete, Wood
Heating Central
Cooling Central Air
Fireplace No

Exterior

Construction Masonry, Wood Siding
Foundation Slab

Additional Information

Zoning LO-MU-CO-NP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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