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Property listed by DEN Property Group 512-222-3364 {attribution_contact}
Description
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!
Property Details and Features
Appliances & Equipment
- Dishwasher
- Microwave
- Refrigerator
Building
- Built in 1964
- Stories: 1
- 2,123 sqft living area
Garage
- 5 garage spaces
Home Owner’s Association
- Fee: $1,889
- Fee Frequency: Monthly
- Common Area Maintenance
- Cable TV
- Electricity
- Heat
- Hot Water
- Insurance
- Internet
- Maintenance Grounds
- Maintenance Structure
- Parking
- Sewer
- Security
- Trash
- Utilities
- Water
Listing
- Property Subtype: Condominium
- Listed on 2023-10-06
Location
- County: Travis
- Subdivision: Cambridge Condo Amd
Lot
- Corner Lot
Parking
- 5 covered spaces
- Assigned
Possession
- Close Of Escrow
Property
- Resale
Schools
- Elementary School: Pease
- Elementary School District: Austin ISD
- Middle School: Martin
- Middle School District: Austin ISD
- High School: Austin
- High School District: Austin ISD
Sewer
- Public Sewer
Taxes
- Annual Amount: $9,665
- Year: 2023