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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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320 W William Cannon Dr , Austin, TX 78745
$2,250,000
Est. Payment: $11,299.21/mo
0 Bed
0 Bath
4800 Sqft
Status: active | Days on site: 49
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House 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!
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Highlights

Listed by John Mundell , (512) 655-9056 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
1.12

Year Built

1987

County

Travis

Area

10N

 Neighborhood

Southridge Plaza

Listing ID

2479764

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Negotiable
Floor:Carpet,Laminate,Tile
Other:Public

Exterior Features

Lot:Level,Mature Trees
Zoning:CS-MU-CO-NP — General Commercial Services, Mixed Use overlay. Highly permissive — restaurant, retail, medical, office, and residential mixed-use permitted by right. Sweetbriar NP area.
Others:Resale
Sewer:Public Sewer
Parking Features:On Site,Paved,Parking Lot
Principal Interest
$11,299
Taxes
$2,816

Home Price

$2,250,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,299.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,299.21 $2,815.57 $0.00 $14,114.78
Yearly $135,590.50 $33,786.85 $0.00 $169,377.35
Total $4,067,714.96 $1,013,605.50 $0.00 $5,081,320.46

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-17T15:20:32.000Z

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