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320 W William Cannon Dr, Austin, TX 78745

$2,500,000
  • 320 W William Cannon Dr, Austin, TX 78745 Main Photo

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New to the Market Active
MLS#2479764
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONSouthridge Plaza

Property Description

CS-MU-CO-NP zoned and ready for what's next. The CS base is one of Austin's broadest commercial designations, opening the door to an exceptional range of by-right uses -- restaurant and food service, retail, medical and professional office, personal services, financial services, food sales, and more. The Mixed Use overlay layers residential on top, allowing multifamily, condominium, townhouse, or mixed-use development on the same site. The property was previously permitted for restaurant use and retains an existing grease trap on site -- a head start for any food and beverage operator. Not in a flood zone, no creek buffer, no major environmental constraints, and the city has confirmed strong building coverage and FAR potential -- a clean path forward for a wide range of commercial or mixed-use visions.4,800 SF freestanding on 1.12 acres with about 65 paved parking spaces and a lot-to-building ratio that gives a new owner real flexibility. Hard corner at a signalized intersection on W William Cannon Drive -- one of South Austins most heavily traveled corridors ? the site benefits from exceptional frontage, strong daily traffic counts, easy ingress/egress, and visibility that is billboard-grade.Repurpose the existing improvements, expand the current footprint, or pursue a more substantial redevelopment play. Signalized corner sites with this level of zoning flexibility, parking, visibility, and land size rarely trade at this price point in South Austin.Contact listing agent today for questions and a private tour!

320 W William Cannon Dr | MLS# 2479764

This commercial property located at 320 W William Cannon Dr, Austin, TX 78745 is currently listed for sale with an asking price of $2,500,000. Search Austin real estate on www.pealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Fenced: Yes
Heating: Central
Lot Size: 1.12 Acres
Taxes: $33,786
Year Built: 1987

Feature Descriptions

Accessibility: Accessible Approach with Ramp, Customized Wheelchair Accessible
Area #: 10N
Building Features: See Remarks, Appliances, Fixtures, Private Restrooms, Receptions Room, Storage Area(s)
Days on Site: 5
Exterior: Brick Veneer
Flood Plain: No
Flooring: Carpet, Laminate, Tile
Other Equipment: See Remarks, Negotiable
Parcel#: 04191101280000
Parking: On Site, Parking Lot, Paved
Parking Notes: On Site, Parking Lot, Paved
Restrictions: See Remarks
Security: See Remarks, Closed Circuit Camera(s), Security Fence, Security Lights, Security System
Security: yes
Sewer: Public Sewer
Topography: Level, flat lot with ample paved surface area, mature trees, and direct access from W William Cannon Drive.
Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 575-3644

Shown By

Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City

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