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    710 Colorado St Austin, TX 78701

    For Sale
    Contact for pricing

    11,871 SF, 2 Units, 8 Parking Spots

    Property size:
    11,871 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Austin commercial condominium offers 11,871 square feet of creative office space, ideally situated at 710 Colorado St, in the heart of the city's Central Business District (CBD). The property, a two-story building constructed in 1940 and extensively renovated in 2017, comprises two separate units: a 5,523-square-foot Suite 100 and a 6,348-square-foot Suite 200, each available individually or together. Suite 200 features a modern mezzanine and a striking elevated conference room. Previously used for diverse purposes, including a restaurant, this versatile space is currently configured as a turnkey creative office. The property includes a significant advantage: eight dedicated parking spaces, a rare commodity in the downtown core. Benefit from competitively low operating expenses of $11 per square foot. This offering presents a unique investment opportunity, further enhanced by a historic building tax abatement. The property is available for sale or lease, providing flexibility for potential buyers or tenants seeking a prime location with substantial growth potential in a thriving Austin market. The permitted zoning is CBD, ensuring a wide range of potential uses.

    Property Features for 710 Colorado St

    General Information

    Property type
    Office space
    Square Feet
    11,871 SF

    Building Details

    Year Built/Renovated
    1940/2017
    Stories
    2
    Units
    2

    HighLights

    • Low operating expenses: $11 per square foot.
    • Available for sale or lease.
    • Benefits from a historic building tax abatement.
    • Features eight parking spaces.
    • Turnkey condition.
    • Significant growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Brown Building Lofts Apartment Building Vault 55 Wine Storage Facility Suzanna Dai Jewelry Designer Susan Stiles Realty Real Estate Agency

    Suggested Use

    Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Daycare Center Building Supply Restaurant Clothing Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.743501705605
    Latitude
    30.270293535752

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    FAQs

    What type of property is this?
    Office space - 11,871 SF, 2 Units, 8 Parking Spots
    Where is this office space located?
    The property is located at 710 Colorado St Austin, TX.
    What are key features of this property?
    This property features: Low operating expenses: $11 per square foot.; Available for sale or lease.; Benefits from a historic building tax abatement.
    Request Owner's contact information
    710 Colorado St Austin, TX 78701
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    Austin, TX 78701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    710 Colorado St Austin, TX 78701
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