320 W William Cannon Dr, Austin, TX 78745

$2,250,000

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List Price
$2,250,000
Status
ACTIVE
MLS#
2479764
Price Change
▼ $250,000 1781231903
Days on Market
63
Lot Size
48,739
Area
Austin - South

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!

Additional Information

Taxes
$33,786
Tax Year
2026
Year Built
1987
Parking Spaces
65
Construction
Brick Veneer
Region
Austin - South
View
No View
Sewer
Public Sewer
Street Name
W William Cannon Dr
Street Number
320
Neighborhood
Southridge Plaza
Water
Public
Acres
1.12
County
Travis
Floor
Carpet, Laminate, Tile
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644

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