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Commercial Property and Related Assets for Auction in Texas

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Listing Information

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Commercial Property and Related Assets for Auction in Texas



Price: Not Specified

Other Item Info
Item #: txwbke_341271
Created: 02/19/2020
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Location: Austin, Texas
Sale Date: Wed. May 27, 2020
Seller Info
Evan Atkinson
Debtor's Attorney
100 Congress Ave Suite 1800
Austin, TX 78701
512-685-6400
Bankruptcy Info
Case #: 1:19-bk-11649
Case Title: WC 56 East Avenue, LLC
Court: Texas Western Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Real Estate Location

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Rainey Street
Austin, TX,

Description

Auction Sale of commercial property and related assets consist of 1.12 acre parcel (the “Property”) located in the Rainey Street District in downtown Austin. The Property is particularly unique and valuable given that it possesses entitlements, and is zoned as of right, for a 15:1 FAR development with no height restriction, enabling an over 700,000 square foot high rise to be built on the site. The property improvements currently consist of an over 18,000 square foot single story creative office building.


Sale Location

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903 San Jacinto Blvd., Courtroom #1
Austin, TX, 78701

Additional Details

  1. Auction and Sale Hearing in "Courtroom 1" @ 10:00 a.m.
  2. Bid Deposit: 3% of the purchase price
  3. Bid Increment: $50,000
  4. Bid Deadline: May 13, 2020
  5. Last date to respond: May 22, 2020


Other Information

Terms and Conditions:

See Attached.


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