Property Listing No Longer Available for Sale

701 & 707 Rio Grande, Austin, TX

Office for Sale - $4,450,000 - 14,908 Sq. Ft. on 0.66 acres


Property Info

CIMLS#116566
Location
  701 & 707 Rio Grande
  Austin TX 78701
UpdatedNovember 24th, 2009
TypeOffice
Price$4,450,000
Building14,908 Sq. Ft.
Land0.66 acres

Property Description

Two adjacent buildings in downtown Austin at the corner of 7th & Rio Grande. 701 Rio Grande is a one-story, retail/office bldg. of approx. 5,978 SF, built in 1973. 707 Rio Grande is a two-story, office building of approx. 8,930 SF, built in 1965. Zoned "GO" General Office. Both buildings are 100% leased and feature an abundance of windows providing natural light. Approx. 56 on-site parking spaces. Can also be purchased with 602 W. 7th Street next door. Ask agent for more details.

Fantastic corner location in an established neighborhood at 701 & 707 Rio Grande in the CBD, across the street from Ranch 616 and a short walk to Katz's, Whole Foods, Walton's Fancy & Staple, and more. In addition to local restaurants, the surrounding area includes historic single family homes and office buildings, neighborhood shops, public parks, small apartment and condominium complexes. Convenient to Lamar Blvd., IH-35 & Mopac/Loop 1


Financials