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Rare downtown commercial office space for sale that can be also converted into a residence or live + work at the prestigious & historic Cambridge Tower. It is one of the most iconic buildings near the Capitol Complex In the center of it all but away from the hustle & bustle in the heart of The Arts District. It is currently designed as an open office; however, Alter Studio, an award-winning, architecture & design firm (also located in the building), has designed a one-of-a-kind residential loft (see renderings). This offering comes with five parking spaces » Nowhere else will you find the convenience of a ground-floor downtown Austin commercial address combined with the amenities of a luxury residential building that has the possibility of being converted into a bespoke residential loft (pending HOA approval). The space has an authentic loft feel with exposed concrete ceilings & large windows that are difficult to replicate anywhere else within the city limits. Utilize the 2,123 SF open floor plan to record your next album or launch your next start-up or host exclusive tailgate events by the pool before enjoying the short walk to DKR Texas Memorial Stadium » As part of the Cambridge Tower's association, you have access to a range of amenities, including a new, soon-to-be-renovated lobby designed by alterstudio, 24/7 concierge, owner's lounge & auxiliary conference room, fitness center, pool, rooftop garden & 5 reserved parking spaces in the limited-access underground parking garage. With only 4 commercial spaces in the building, you'll experience a tranquil & professional atmosphere » In addition, the center of gravity of downtown Austin is shifting north with significant investment in the neighborhood including but not limited to the upcoming MD Anderson Center & Dell Medical Center, Moody Amphitheater at Waterloo Park, the New Texas Mall, the new Moody Center & Austin's Innovation District. Seize this rare opportunity to work/live in the heart of the new downtown!
LAST UPDATED | 4/8/2024 | TRACT | Cambridge Condo Amd |
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YEAR BUILT | 1964 | COMMUNITY | Cambridge Condo Amd |
GARAGE SPACES | 5.0 | COUNTY | Travis |
STATUS | Pending | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
Elementary School | Pease |
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Jr. High School | Martin |
High School | Austin |
PRICE HISTORY | |
Prior to Jan 15, '24 | $1,000,000 |
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Jan 15, '24 - Today | $995,000 |
ADDITIONAL DETAILS | |
AMENITIES | Cable TV, Electricity, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Utilities, Water |
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APPLIANCES | Dishwasher, Microwave, Refrigerator |
AREA | DT |
BUYER'S BROKERAGE COMPENSATION | 3.000 |
EXTERIOR | None |
GARAGE | Yes |
HEAT | None |
HOA DUES | 1889|Monthly |
INTERIOR | See Remarks |
LOT | 0 |
LOT DESCRIPTION | Corner Lot |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Other |
SUBDIVISION | Cambridge Condo Amd |
TAXES | 9665.02 |
UTILITIES | None |
VIEW | Yes |
VIEW DESCRIPTION | See Remarks |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Bryan Cady, DEN Property Group
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/28/24 5:54 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2024.