4505 E Martin Luther King Jr BLVD, Austin TX 78721

$ 991,000
4505 E Martin Luther King Jr BLVD, Austin TX 78721, ,

Overview

  • Property ID
  • 1951053
  • 0 ac

Description

Invest in the future of urban living with this retail condo at Eagle View Place mixed-use development. With two units averaging 1, 160 SF each, these properties offer a flexible investment opportunity with multiple uses, including office, retail, or live/work spaces. Built with accessibility in mind, featuring an ADA-compliant bathroom and water fountain, these units are designed to appeal to a wide range of tenants. The option to combine units A and B for a total of 2, 323 SF provides even more investment potential. Investing in these retail condos provides a chance to capitalize on the growing demand for live/work spaces and to enjoy a higher return compared to traditional commercial or residential properties. With its prime location and desirable features, this investment is poised to yield positive results for years to come. Eagle View Place retail condos are located in the heart of one of the fastest-growing areas in Austin. Located at the corner of East MLK Jr Blvd and Springdale Rd with 30, 000+ daily traffic. This location offers exceptional visibility with ingress and egress off East MLK Jr. and Springdale Rd. This property is 4.1 miles from Downtown Austin (10-minute commute), 7.8 miles to the Austin-Bergstrom International Airport (9-minute commute), and 1 mile from the Mueller Development (3-minute commute).

Other Features
Electrical Utility Available
Property Id : 1951053
Price: $ 991,000
Property Lot Size: 0 ac
Syndication Remarks: Invest in the future of urban living with this retail condo at Eagle View Place mixed-use development. With two units averaging 1, 160 SF each, these properties offer a flexible investment opportunity with multiple uses, including office, retail, or live/work spaces. Built with accessibility in mind, featuring an ADA-compliant bathroom and water fountain, these units are designed to appeal to a wide range of tenants. The option to combine units A and B for a total of 2, 323 SF provides even more investment potential. Investing in these retail condos provides a chance to capitalize on the growing demand for live/work spaces and to enjoy a higher return compared to traditional commercial or residential properties. With its prime location and desirable features, this investment is poised to yield positive results for years to come. Eagle View Place retail condos are located in the heart of one of the fastest-growing areas in Austin. Located at the corner of East MLK Jr Blvd and Springdale Rd with 30, 000+ daily traffic. This location offers exceptional visibility with ingress and egress off East MLK Jr. and Springdale Rd. This property is 4.1 miles from Downtown Austin (10-minute commute), 7.8 miles to the Austin-Bergstrom International Airport (9-minute commute), and 1 mile from the Mueller Development (3-minute commute).
Parking Features: Asphalt,Lighted,On Site,Parking Lot,Paved,See Remarks
Lot Size(acres): 0.083
Lot Size(sf): 3615.48
Country: US
Last Listing Change: 2024-08-23T05:01:20.013Z
Status Contractual Search Date: 2024-08-19
Listing Key Numeric: 123890303
Est. Taxes: 18734.33
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 17
Last Price Change: 2024-08-19T23:22:50.523Z
State: TX
Last Status Change: 2024-08-19T23:22:50.523Z
Street Dir Prefix: E
Street Name: Martin Luther King Jr
Street# Ext.: 4505
Street#: 4505
Street Suffix: BLVD
$/Building Area: 426.6
Accessibility Features: Adaptable Bathroom Walls,Accessible Doors,See Remarks
Additional Parcels YN: 1
Building Area Total: 2323
Building Features: Private Restrooms,See Remarks
Construction Materials: Stucco,See Remarks
Cooling: Central Air
Current Use: Mixed Use,Retail,Vacant,See Remarks
Directions: Head north on IH-35 from DT and turn right onto E. Martin Luther King Jr. Blvd. The property is on your right at the corner of East Martin Luther King Jr. Blvd and Springdale Rd.
Flooring: Carpet,Concrete,Tile
Foundation Details: Slab
Heating: Central,See Remarks
Listing ID: 2090830
Listing Terms: Cash,Conventional
MLS Area Major: 5
Status: Active
#Buildings: 1
Other Structures: None
Parcel#: 4505MLK
Possession: Close Of Escrow,Funding
Property Condition: Resale
Road Surface Type: Asphalt,PVD,See Remarks
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 9376.95
Unit#: A&B
Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected,See Remarks
View: Golf Course
Water Source: Public
Year Built: 2019
$ 6,786.58
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,011.04
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Gerald Bodle, MBA