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What does $1 Million Dollars buy you in Commercial Real Estate in Austin?

What does $1 Million Dollars buy you in Commercial Real Estate in Austin?

A traditional Commercial Loan requires 20% down minimum.  

Downpayment is based on Borrowers Experience, Financials, and Credit.

$1 Million Dollar purchase requires a minimum of 20% down.  For new Commercial Buyers we recommend 25%-30% down for qualification. So your downpayment will be a minimum of $200,000.

Wondering what you can buy if you have a $200,000 downpayment?

We pulled some listings currently on the market in Austin Texas to give you an idea of what is available.

 

South Austin Building for Sale.png

Great 1940s converted bungalow. Excellent visibility and signage on Manchaca near Lamar.

Price: $975,000

Building Area: 2,336 SF

Austin Auto Shop for Sale.png

Nice Location on N. Highway 183.

Price: $950,000

Building Area: 4,446 SF

South Lamar Building for Sale.png

Rare Location on South Lamar, Great Signage, Free Standing, Creative Office Space or Retail.

Price: $985,000

Building Area: 1,290 SF

Central Austin Building for Sale.png

Central Austin near Burnet Rd.

Price: $998,000

Building Area: 4,800 SF

Minimum Downpayment = $200,000

Tax Code Update and it's Impact on Commercial Real Estate

Tax Code Update and it's Impact on Commercial Real Estate

As a Commercial Real Estate Broker I am often asked for guidance on decisions my clients are making.    No matter the transaction size we want our clients as educated as possible on legal and tax implications.

 

Austin |  1106 S 8th Street | Commercial Property Lease

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Austin | 1106 S 8th Street | Commercial Property Lease

1106 S 8th Street | Commercial Property Lease

“Several businesses are looking just around downtown for space in order to avoid the sky rocketing triple net costs (taxes,insurance, and common area maintenance) and congestion.  With locations such as this one several businesses are finding that they have everything they need and can still get into downtown easily when they need to.  It’s really the best of both worlds.”

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SXSW Lease Space Austin

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SXSW Lease Space Austin

Austin is gearing up for another exciting SXSW this spring.  Vendors and Companies are scurrying to find space and sign leases.  In high Demand : Office Space, Retails Space, Pop Up shop Space, & Event Space.  We have 3 properties available and know of more event rental space in bars and restaurants in and around downtown. e-mail delea@beckreit.com for more info
www.BeckReitCRE.com

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East Austin | 2707 Rogge Lane | Commercial Lease

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East Austin | 2707 Rogge Lane | Commercial Lease

2707 Rogge Lane | Commercial Lease

"Considering the fact that this is only a mile and a half from Mueller development and there are new housing developments popping up all around this location, we are really excited about the potential of this property."

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