2700 S Interstate 35, Austin, TX 78704 - MLS# 5340517

Office Bldg for Sale in Austin > 78704 > Oltorf Village South > 2700 S Interstate 35

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$8,500,000 $2,300/m

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-
Beds
-
Baths
31,537
Square Ft.
0.72
Acres
N/A
Garages
1985
Year Built
MLS® #: 5340517 Active, 146 Days on Market

Profitable and established hotel business for sale or lease on Austins main thoroughfare IH 35 next to St Edward’s University and 10mins from the State Capital. 24 rooms made up of standard, premium and deluxe suits plus an additional 2800sf available for extra rooms, conference or fitness center. The hotel been open since 2014 with over $350K in renovations and includes all furniture & fixtures, all permits and up-to-date inspections. Lease options include Hotel Business, whole building or 1/2 floors.

Price History for 2700 S Interstate 35

Date MLS # Details Price
5340517 - Commercial Sale New (0 days total) $8,500,000
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Property Details for 2700 S Interstate 35

Location
Size and Restrictions
  • $/Acre: $11,740,331
  • Land Area: 0.72 - Acreage
  • Zoning: GR
  • FEMA 100 Yr Floodplain: No
  • Restrictions: Yes - City Restrictions, Deed Restrictions, Easement/R.O.W.
Improvements
  • Property Subtype: Commercial Sale - Office Bldg
  • Current Bldg Use: Hotel/Motel, Office
  • # Buildings: 1
  • Building Area: 16833 - Appraiser
  • # Units: 27
  • Offices: 1
  • Elevators: 1
  • Parking: 27 - 2 - On-Site Parking, Private Lot
Features
  • View: City
Utilities
  • Water: City
  • Separate Meter: See Agent
  • Utilities: Electricity Available
  • Sewer: City on Property
  • Owner Pays: None

Interior Features for 2700 S Interstate 35

Heating and Cooling
  • Heating: Central Heat
  • Air Conditioning: Central Air, Mini-Split System
Interior Features
  • Flooring: Carpet, Concrete, Tile - Hard
  • Equipment: Appliances, Columns, Computer Ready, Delivery Door, Furniture, Firewall(s), Fixtures, Open Space, Private Restrooms, Passenger Elevator(s), Public Elevator, Sign-Freestanding, Showers - Office
  • Disability: No

Building Information for 2700 S Interstate 35

Building Information
  • Square Feet: 31,537
  • Year Built: 1985 - Resale
  • Year Renovated: 2014
  • Condition: Not Applicable
  • # of Stories: 3
  • Construction: Stucco Veneer
  • Foundation: Slab
Garage and Parking
  • Parking: 27 - 2 - On-Site Parking, Private Lot

Financials for 2700 S Interstate 35

Financial Information
  • $/Square Foot: $505
  • $/Acre: $11,740,331
  • Documents Available: Building Plans, Engineering Report, Income & Expense Statement, Site Plan, Survey, Topography Map
  • Lease Type: Triple Net
  • Net Rentable Area: $14,033 - Owner
  • Occupancy Rate: 100
Property Taxes
  • Estimated Taxes: $45,387
  • Land Assessment: $473,055
  • Total Assessment: $2,050,000
  • Tax Rate: 2.21% - 2017
  • Tax ID: 03070201160000

Properties for Sale Similar to 2700 S Interstate 35, Austin, TX View On Map

Property Listed by: Keller Williams Legacy

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from June 23rd, 2018 at 8:40pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.