2318 Morelos St Austin, TX 78702

Property Details for 2318 Morelos St

Year built

2023

Lot size

0.17 lot acres

Property size

3,109 SF

Property type

Commercial real estate

Description

This stunning, brand-new Class A executive office building in Austin, Texas, boasts 3,109 square feet of meticulously designed space. Built in 2023, this two-story property sits on a 0.17-acre lot and offers 14 on-site parking spaces. Its prime location, just three-quarters of a mile east of downtown and three blocks from the train station, provides exceptional accessibility. The building is ideally suited for a single tenant with 15-25 employees, but its flexible design, featuring a second floor with its own bathroom, HVAC, thermostats, and electrical panel, also accommodates multiple tenants. No detail was overlooked in the construction, from the durable metal exterior cladding to the high-end interior finishes. These include Italian marble countertops and floors, custom cabinetry, argon-filled windows and doors, and a sophisticated sound system with integrated cameras. The building's superior insulation, including 5.5" of foam in the exterior walls and 8" on the roof, coupled with variable speed heat pumps, ensures remarkably low energy costs, as evidenced by a $198 electric bill during a two-month test period with the AC running constantly at 68 degrees. The robust construction features 5/8" sheathing and roof decking for rigidity and hail damage resistance, and a steel rebar foundation for future plumbing flexibility. This exceptional property represents a rare opportunity to acquire a truly luxurious and efficient executive office space in a highly desirable Austin location. The asking price is $3,999,999, with a price per square foot of $1,286.59.