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$3,685,950
Est. payment /mo
8,191 SqFt
UPDATED:
04/02/2024 01:13 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,191 sqft
Price per Sqft $450
Subdivision Barton Spgs Estates
MLS Listing ID 5628753
Originating Board actris
Year Built 1985
Annual Tax Amount $46,017
Tax Year 2023
Lot Size 2.471 Acres
Acres 2.471
Property Description
We are pleased to offer individual buildings in Westlake Village for sale for the first time since their construction.
There are three individual buildings for sale: Building A, Building B and Building C. Each building is approximately
8,300 square feet and offers a mix of vacant space for an owner occupant and leased space providing income
for the building owner.
Bee Cave Road and Westlake Drive is the “Main and Main” intersection of West Lake Hills. The households
surrounding Westlake Village have some of the highest average incomes and net worth in the entire Austin metro
area. The residential real estate prices are also some of the highest in the Austin area, commonly exceeding
$1,000 per square foot.
Stand alone buildings on Bee Cave Road are very rarely available for purchase. Most commercial properties are
held for generations. Westlake Village is ideally suited for office or medical office owner/users that want to own
their own building and see the potential for value appreciation in this location.
A condominium regime will be created to manage the exterior common areas of the project (parking lot, signage,
landscaping, etc.). Each individual building owner will have complete control over the interior improvements to
their building and will have input on improvements to the exteriors of each building and common areas of the
project. Buyers may elect to hire the same company managing the common areas to manage their building,
collect rents and pay bills.
There are three individual buildings for sale: Building A, Building B and Building C. Each building is approximately
8,300 square feet and offers a mix of vacant space for an owner occupant and leased space providing income
for the building owner.
Bee Cave Road and Westlake Drive is the “Main and Main” intersection of West Lake Hills. The households
surrounding Westlake Village have some of the highest average incomes and net worth in the entire Austin metro
area. The residential real estate prices are also some of the highest in the Austin area, commonly exceeding
$1,000 per square foot.
Stand alone buildings on Bee Cave Road are very rarely available for purchase. Most commercial properties are
held for generations. Westlake Village is ideally suited for office or medical office owner/users that want to own
their own building and see the potential for value appreciation in this location.
A condominium regime will be created to manage the exterior common areas of the project (parking lot, signage,
landscaping, etc.). Each individual building owner will have complete control over the interior improvements to
their building and will have input on improvements to the exteriors of each building and common areas of the
project. Buyers may elect to hire the same company managing the common areas to manage their building,
collect rents and pay bills.
Location
State TX
County Travis
Zoning Office/Medical office
Interior
Heating Central
Cooling Central Air, Multi Units
Flooring Concrete, Vinyl, Wood
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected
Waterfront No
Total Parking Spaces 78
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Stone,Stone Veneer
New Construction No
Others
Special Listing Condition Standard
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Listed by Colliers International