Two historic buildings in Taylor, constructed in 1888, have undergone a complete renovation and are now available for purchase. The McCrory-Timmerman and Titsworth buildings offer a combined total of 45,000 square feet of office space, restaurants, and loft apartments. With an asking price of $15.8 million, these properties present an excellent investment opportunity.
Judy Blundell and Mark Nibbelink dedicated ten years to the meticulous restoration of these buildings before successfully leasing out the majority (95%) of their units. Now listed by Aaron Gill and Todd Mahler with Partners Realty Group Inc., these properties are ready for new ownership.
According to recent reports from the Austin Business Journal , Taylor was once a thriving community over fifty years ago; however, many structures fell into disuse or disrepair during that time period. Fortunately though,the downtown area is experiencing revitalization as evidenced by numerous new businesses such as restaurants,breweries,bicycle shops,and coffee houses catering to both residentsand visitors alike.This resurgence can be attributed largelytothe nearby Samsung chip fabrication plant which has brought thousandsof jobsand increased economic activitytothe city.
