$2,200,000 Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor. 3032178 MLS Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor. 10200 Highway 290 Highway, Austin Listing courtesy of Stanberry REALTORS. Contact: (512) 894-3488
$2,100,000 2.052 acre commercial lot with excellent visibility on Hwy 290 just 4 miles from the Y at Oak Hill. Relatively level lot with an asphalt parking lot that can accommodate up to 62 parking spaces. Also an 1,800 building currently being used as office. This property is no longer in the ETJ of Austin so many commercial uses are permittable. The property can be available for use by a new owner within 90 days of closing. 5523283 MLS 2.052 acre commercial lot with excellent visibility on Hwy 290 just 4 miles from the Y at Oak Hill. Relatively level lot with an asphalt parking lot that can accommodate up to 62 parking spaces. Also an 1,800 building currently being used as office. This property is no longer in the ETJ of Austin so many commercial uses are permittable. The property can be available for use by a new owner within 90 days of closing. 10010 Highway 290 Highway, Austin Listing courtesy of Chris Oddo, Broker. Contact: (512) 736-5933