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Map
$3,999,999
●
Commercial -
For Sale
2318 Morelos ST
Austin, TX 78702
Studio
0 Bath
$22,058
Estimated Monthly
$0
HOA / Fees
About This Property
Standing in a class of its own, this sophisticated design offers
luxury finishes both inside and out that not only look great, but
they also function well. Located 3/4 of a mile east of downtown and
3 blocks from the train station, your team can easily walk, ride,
drive, or bike to the office (there is even a beautiful shower on
property). This Trophy Office has great accessibility, visibility,
and 14 full size parking spaces all of which are on-site. Rare
find!
It's set up perfect for a single tenant with 15-25 employees, but will accommodate multiple tenants with the second floor having its own bathroom, HVAC, thermostats, and electrical panel. No details were overlooked - There will never be a need for exterior paint since 100% of it is metal, including the cladding that looks like wood. 5/8" sheathing & roof decking was used for rigidity & to minimize hail damage. The midfloor trusses span the entire width of the building allowing for the removal of 95% of the downstairs walls. The foundation was built with steel rebar vs. cables allowing you to add/move plumbing if ever desired. 5.5" of foam fills exterior walls & 8" covers the roof deck (code is 7"). The foam insulation coupled with the variable speed heat pumps will keep your electric bill very low. The AC's were accidentally ran at 68 degrees 24/7 from May to June & the electric bill was $198. (Electric bill shown in photos)
Quality finishes include - The parking lot was built with 5" of steel reinforced concrete, no asphalt / Freeze resistant hose bibs / Italian marble counters & floors / 10' high stone backsplash / solid 3/4" custom built cabinetry / all interior walls are insulated / windows & doors are argon filled / foil backed cork ceiling coverings / LED strip lights in the level 5 drywall / speakers throughout, audio equipment, patch panels, wireless access points & cameras that will track / 9" white oak looking waterproof LVP / gas tankless H2O heater with recirculating pump & more.
It's set up perfect for a single tenant with 15-25 employees, but will accommodate multiple tenants with the second floor having its own bathroom, HVAC, thermostats, and electrical panel. No details were overlooked - There will never be a need for exterior paint since 100% of it is metal, including the cladding that looks like wood. 5/8" sheathing & roof decking was used for rigidity & to minimize hail damage. The midfloor trusses span the entire width of the building allowing for the removal of 95% of the downstairs walls. The foundation was built with steel rebar vs. cables allowing you to add/move plumbing if ever desired. 5.5" of foam fills exterior walls & 8" covers the roof deck (code is 7"). The foam insulation coupled with the variable speed heat pumps will keep your electric bill very low. The AC's were accidentally ran at 68 degrees 24/7 from May to June & the electric bill was $198. (Electric bill shown in photos)
Quality finishes include - The parking lot was built with 5" of steel reinforced concrete, no asphalt / Freeze resistant hose bibs / Italian marble counters & floors / 10' high stone backsplash / solid 3/4" custom built cabinetry / all interior walls are insulated / windows & doors are argon filled / foil backed cork ceiling coverings / LED strip lights in the level 5 drywall / speakers throughout, audio equipment, patch panels, wireless access points & cameras that will track / 9" white oak looking waterproof LVP / gas tankless H2O heater with recirculating pump & more.
Unit Size
-
Days on Market
268 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,417
HOA Dues
-
Year Built
2023
Listed By
Last updated: 3 months ago (Unlock MLS #ACT7853306)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 4, 2023 | Listed by Horizon Realty | $3,999,999 | |
Listed by Horizon Realty |
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 14
Parking Features: Carport, Concrete, Covered
Parking Ratio: 4.50
Interior Details
Interior Information
Flooring Type: Carpet, Marble, Vinyl
Cooling: Central Air, ENERGY STAR Qualified Equipment, Exhaust Fan, Humidity Control, Zoned
Heating: ENERGY STAR Qualified Equipment, Exhaust Fan, Heat Pump, Hot Water, Humidity Control, Natural Gas, Zoned
Exterior Details
Property Information
Property Type: Commercial Sale
Property Sub Type: Office
Green Energy Efficient
Property Condition: New Construction
Year Built: 2023
Year Built Source: Builder
View Desription: Garden, Neighborhood
Building Information
Construction Materials: Concrete, Frame, Glass, Spray Foam Insulation, Metal Siding
Foundation: Slab
Building Area Total: 3109
Lot Information
Lot Size Acres: 0.1728
Lot Size Square Feet: 7527.17
Land Information
Water Source: Public
Financial Details
Tax Year: 2023
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Cable Available, Electricity Connected, High Speed Internet, High Speed Internet, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Location Details
Directions: From I-35 head east on East 7th Street. Property is at the corner of East 7th and Morelos St.
Other Details
Selling Agency Compensation: 3.000
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/14/2019
|
|
Studio
|
-
|
-
|
$585,000
Studio
-
|
-
-
|
-
|
Tomas A Corzo
Keller Williams - Austin SW
|