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320 W William Cannon DR Austin, TX 78745

Price Dropped by $250K
$2,250,000
320 W William Cannon DR Austin, TX 78745
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320 W William Cannon DR, Austin, TX 78745
320 W William Cannon DR, Austin, TX 78745
320 W William Cannon DR, Austin, TX 78745
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Sanjit Tamhane

Sanjit Tamhane

sanjit.tamhane@gmail.com +1(512) 599-7713
$2,250,000
Est. payment /mo
4,800 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $468

Subdivision Southridge Plaza

MLS Listing ID 2479764

Year Built 1987

Annual Tax Amount $33,786

Tax Year 2026

Lot Size 1.119 Acres

Acres 1.1189

Property Sub-Type Mixed Use

Source actris

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 Austin's 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!

Location

State TX

County Travis

Zoning CS-MU-CO-NP — General Co

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplace No

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected

View None

Total Parking Spaces 65

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

New Construction No

Others

Special Listing Condition Standard

Virtual Tour https://view.zabemedia.com/order/b63d72d2-7ef9-440c-92ae-08deb5977b83


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Listed by Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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Sanjit Tamhane

Sanjit Tamhane

+1(512) 599-7713

Agent | License ID: 0714674

Agent License ID: 0714674

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Sanjit Tamhane License ID: 0714674

+1(512) 599-7713 sanjit.tamhane@gmail.com

305 Denali Pass Suite C, Park, TX, 78613

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