Property Showcase

2700 S Interstate 35Austin, TX 78704

$8,500,000
Commercial
Status: Active
  • Sqft:
  • Lot:31,537 sq ft
  • MLS#: 5340517
30.229721069335938-97.744453430175781
Courtesy Of Mario Hesles, Keller Williams Legacy

Description:

Profitable and established hotel business for sale or lease on Austins main thoroughfare IH 35 next to St Edward’s University and 10mins from the State Capital. 24 rooms made up of standard, premium and deluxe suits plus an additional 2800sf available for extra rooms, conference or fitness center. The hotel been open since 2014 with over $350K in renovations and includes all furniture & fixtures, all permits and up-to-date inspections. Lease options include Hotel Business, whole building or 1/2 floors.

Main Features:

Listing Status Active Year Built 1985
Floors 3 County Travis
Taxes $45,387.00 Tax Year 2017
Rental Price $0 Units 27
Zoning GR Subdivision Oltorf Village South

Additional Features:

Access Road Interstate
Auction N
Ceiling Height Multiple Heights
Construction Stucco Veneer
Cooling CENTRAL AIR
Mini-Split System
Cooling Paid By Tenant
Current Use Hotel/Motel
Office
Defects No Known Defects
Documents See Agent
Easements Yes
Endangered Species No
Energy Efficient Updates N
Equipment/Appliances Appliances
Columns
Computer Ready
Delivery Door
Firewall(s)
Fixtures
Furniture
Open Space
Passenger Elevator(s)
Private Restrooms
Public Elevator
Showers - Office
Sign-Freestanding
Financial Info Owner
Financing Cash
Conventional
Lease Purchase
Flood Zone No
Flooring CARPET
CONCRETE
Tile - Hard
Foreclosed/Reo N
Foundation Slab
Handicap Features Elevator
Heating CENTRAL HEAT
Heating Paid By Tenant
Highway Access Frontage
Interior Walls Sheet Rock
Land Description See Agent
Lease Type Triple Net
License City Occupational
County Occupational
Loading Info None
Location (Story Number) Ground
Multi Zoning N
Owner Pays None
Parking On-Site Parking
Private Lot
Parking Fee Frequency Included With Rent
Property Subtype Office Bldg
Property Type Commercial Sale
Rail Service No
Renovated Description Owner
Restrictions City Restrictions
Deed Restrictions
Easement/R.O.W.
Y
Road Surface Paved/Curbed/Gutters
Public Maintained Road
Sale Includes Building & Land
Business
Fixtures
Furniture
Separate Meters See Agent
Sewer City on Property
Sewer Paid By Tenant
Special Conditions None
Title Seller
Topography Sloping
Utilities Electricity Available
View City
Water Access N
Water Paid By Tenant
Water Source City
Waterfront N
Year Built Description Resale

Extra Features:

Annual Expenses Accounting - Legal,Advertising,All Bills,Interior Insurance,License/Permit,Payroll,Property Insurance,Repair & Maintenance Building Square Feet 16833
Gross Income 520496 Gross Income 593921
Legal Description LOT 1 OLTORF VILLAGE SOUTH Net Operating Income 166501
Parking Spaces 27 SQFT Source Appraiser
Tax ID 03070201160000

The real estate data on this web site comes, in part, from the Internet Data Exchange program of the Austin Board of REALTORS® (ABOR). This information is provided 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. The data provided herein is deemed to be reliable but not guaranteed, and is subject to change without notice.
Information deemed reliable but not guaranteed.
Copyright© 2018 Austin Board of REALTORS®. All Rights Reserved.
Last Updated On: 6/21/2018 1:36:41 PM

2700 S Interstate 35, Austin, TX 78704

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Schools near 2700 S Interstate 35 Austin, TX 78704

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Climate of Austin, TX

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Houses of worship near 2700 S Interstate 35 Austin, TX 78704

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The real estate data on this web site comes, in part, from the Internet Data Exchange program of the Austin Board of REALTORS® (ABOR). This information is provided 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. The data provided herein is deemed to be reliable but not guaranteed, and is subject to change without notice.
Information deemed reliable but not guaranteed.
Copyright© 2018 Austin Board of REALTORS®. All Rights Reserved.
Last Updated On: 6/21/2018 1:36:41 PM

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