1901 N Lamar BLVD, Austin, TX 78705 - MLS#4491057 - John Mick

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Dec

Wed

Dec

Thu

Dec

John Mick

johnmickrealtor@gmail.com +1(512) 964-5724

$12,700,000

Est. payment - /mo

7,329 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Hold

Purchase Type For Sale

Square Footage 7,329 sqft

Price per Sqft $1,732

Subdivision Lamar At 19Th

MLS Listing ID 4491057

Year Built 1956

Annual Tax Amount $88,005

Tax Year 2025

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Office

Source actris

Property Description

This landmark Austin commercial property, known as the "Power Corner" at 1901 N. Lamar Blvd, is situated at the highly visible intersection of North Lamar and MLK Jr. Blvd. The property's prime location offers investors an exceptional opportunity for investment and development, benefiting from immense traffic counts of nearly 55,000 vehicles per day and significant foot traffic. The property also boasts unobstructed views of the Austin skyline and is strategically positioned at the crossroads of Downtown, Clarksville, the West Campus, and the Medical District.
The freestanding building, with over 7,500 sq. ft. of usable space on a approximately 0.5-acre lot, has undergone a multimillion-dollar renovation, giving it a modern, industrial chic aesthetic suitable for nearly any use. Notable features include a new 2024 solar power system, making it eligible for LEED certification, a state-of-the-art surveillance system, and 24 dedicated parking spaces, including 21 covered spots, a rare amenity in Central Austin.
The current owner is offering a sale-leaseback, presenting a unique advantage for investors by guaranteeing immediate and stable income from a long-term tenant. Beyond the immediate cash flow, the property offers significant future development potential. Prior zoning evaluations from 2021 indicated a potential height of 60+ feet, and the City of Austin has previously approved renderings for a 30,000 sq. ft. commercial project on the site.
With its strategic location and versatile use cases—including a boutique hotel, mixed-use, student housing, medical facilities, or corporate headquarters—this property represents a powerful and strategic investment in Austin's urban core. The owner is motivated and open to considering options, with upgrades, renderings, and negotiable terms available upon request. Owner is ready to make a deal. All offers will be reviewed.

Location

State TX

County Travis

Area Ut

Interior

Heating Active Solar, Central, Electric, Propane, Zoned

Cooling Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned

Flooring Carpet, Concrete, Laminate, Wood

Fireplace N

Exterior

Utilities Available Electricity Connected, High Speed Internet

Accessibility Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Visitable, Visitor Bathroom, Accessible Washer/Dryer

Total Parking Spaces 21

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Concrete,Frame

New Construction No

Others

Restrictions Zoning

Acceptable Financing See Remarks, Cash, Contract, Conventional, Lease Back, Lease Purchase

Tax Rate 1.98

Listing Terms See Remarks, Cash, Contract, Conventional, Lease Back, Lease Purchase

Special Listing Condition Standard

Read Less Info

Listed by Rundog Real Estate Group • Jennifer Slade

GET MORE INFORMATION

John Mick

+1(512) 964-5724

REALTOR | License ID: 413637

REALTOR License ID: 413637

Quick Search

1901 N Lamar BLVD Austin, TX 78705

John Mick

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION