320 William Cannon

Austin, TX 78745 · Travis County

$2,500,000Price
4,800Sq. Ft.
$521/ Sq. Ft.
320 William Cannon
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▶ Virtual Tour

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!

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT231464594
Taxes$33,787 (2026) / year
TypeCommercial Sale
Year Built1987
Living Area4,800 Sq. Ft.
Lot Size1.12 AC / 48,739 SF
CountyTravis
SubdivisionSouthridge Plaza

Property Information

Parking

On SiteParking LotPaved

Utilities & Construction

Heat: CentralAC: Central AirCarpet, Laminate, TileFoundation: Slab

Directions: From S Congress Ave heading south, turn right onto W William Cannon. Property will be on the right corner of the 2nd stop light.

Location

Property History

DateEventPrice
Jun 3, 2026 Listed (Active) · MLS# ACT231464594 $2,500,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2026$33,787
Total Sq. Ft.4,800
Year Built1987
Total Sq. Ft.4,800
Lot Size48,739 Sq. Ft.
StyleCommercial Sale
CountyTRAVIS
MLS #ACT231464594
$2,500,000
320 William Cannon, Austin, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.