South Lamar Medical Center
5,000 SF | Vacant | Office Building | Austin, TX 78745 | $1,875,000 ($375/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,875,000
- Property Type
-
Office
- Square Feet
- 5,000 SF
- Price / Square Foot
- $375
Listing Contacts
Craig Couch
Verified Profile
Kent McCoy
Verified Profile
Nick Owens
Verified Profile
- Property Info
Property Overview
• Flexible Size Ranges Available 5,000 SF - 59,312 SF
• LOWEST PRICED MEDICAL CONDO PROJECT IN AUSTIN
• New Medical Office Condominium Project – One-of-Kind buying Opportunity in South Austin
• Strategically located in the heart of South-Central Austin by Central Market & Brodie Oaks Center
• The Seller recently acquired the 110,296 SF office building (formerly AT&T call center) and converted the Project into
Medical Office Condominiums for purchase.
• The Seller’s acquisition cost allows Seller to provide significant discount to the market (±35%)
• Seller objective is to sell units quickly, in exchange, provide sophisticated prospective purchasers the ability to
acquire medical office condominiums at far below-market discounted pricing.
• LOWEST PRICED MEDICAL CONDO PROJECT IN AUSTIN
• New Medical Office Condominium Project – One-of-Kind buying Opportunity in South Austin
• Strategically located in the heart of South-Central Austin by Central Market & Brodie Oaks Center
• The Seller recently acquired the 110,296 SF office building (formerly AT&T call center) and converted the Project into
Medical Office Condominiums for purchase.
• The Seller’s acquisition cost allows Seller to provide significant discount to the market (±35%)
• Seller objective is to sell units quickly, in exchange, provide sophisticated prospective purchasers the ability to
acquire medical office condominiums at far below-market discounted pricing.
Property Details
- Class
- B
- Year Built/Renovated
- 1986/2024
- Stories
- 1
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 628,135 SF
Highlights
- This is the lowest priced medical condo project in Austin and the seller is placing an emphasis on quick closing for a significant pricing discount.
- $2.3m+ in Capital Improvements
- Abundant Power
- Building + Monument Signage
- 5.2/1000 Parking (includes reserved garage parking)
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