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605-701 E University Ave - Academia East 953 - 1,472 SF Condo Units Offered at $485,564 - $750,000 CAD Per Unit in Georgetown, TX 78626

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EXECUTIVE SUMMARY

Mixed use development, completely remodeled, the unoccupied space is in white box condition. The two occupied units are on short term leases. All available units are ground level. OWNER FINANCING AVAILABLE: 5% initial interest rate, terms negotiable

PROPERTY FACTS

Total Building Size 14,358 SF
Property Type Retail
Property Subtype
Storefront Retail/Office
  • General Retail Storefront
  • Office Medical
Building Class B
Floors 2
Typical Floor Size 1,025 SF
Year Built 2020
Tenancy Single
Lot Size 0.81 AC
Parking Ratio 5.46/1,000 SF
Zoning F1 & C1 - F1-Real, C1-Local Commercial/Retail

AMENITIES

  • Air Conditioning

3 UNITS AVAILABLE

Unit 605/102

Unit Size 953 SF
Price $485,564 CAD
Price Per SF $509.51 CAD
Condo Use Office
Sale Type Investment
DESCRIPTION

Built out as office space

SALE NOTES

Below market NNN lease, expires 11/30/23.  Tenant has been in space for five years.  Space also available for lease.  Rate $26.00/NNN.

OWNER FINANCING AVAILABILE: 5% initial interest rate

Unit 605/115

Unit Size 1,472 SF
Price $750,000 CAD
Price Per SF $509.51 CAD
Condo Use Office/Medical
Sale Type Investment
No. Parking Spaces 50
DESCRIPTION

Built out as office/medical use.

SALE NOTES

Below market NNN lease, expires 02/29/2024.  Tenant has been in space for five years.  Space also available for lease.  Rate $26.00/NNN

OWNER FINANCING AVAILABLE: 5% initial interest rate

Unit 609/115

Unit Size 1,246 SF
Price $634,850 CAD
Price Per SF $509.51 CAD
Condo Use Office/Retail
Sale Type Investment or Owner User
No. Parking Spaces 50
DESCRIPTION

Space is in shell condition. Plumbing for restroom and electrical have been stubbed in.  HVAC in place.

SALE NOTES

OWNER FINANCING AVAILABLE: 5% initial interest rate

NEARBY MAJOR RETAILERS

Starbucks
Cadence Bank
Chili's Grill & Bar
Applebee's
Regions Bank
CrossFit
  • Listing ID: 25256433

  • Date on Market: 2022-03-15

  • Last Updated:

  • Address: 605-701 E University Ave, Georgetown, TX 78626

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