Prime property

Ultimate live-work space in Uptown Dallas hits market for $7.5 million

Ultimate live-work space in Uptown Dallas hits market for $7.5M

Sugar Building, 3202 McKinney Ave.
 The Sugar Building in Uptown is a four-story property at 3203 McKinney Ave. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
The property has two luxury townhomes, each measuring about 3,700 square feet, as well as office space. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
Floor-to-ceiling glass walls brighten the spaces for work and play. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
One of the units has three bedrooms, and the other has two. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
Among the luxurious amenities are spa-like baths. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
There are Terrazzo, concrete, and hardwood floors, along with Venetian plaster. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
Take in Uptown views from the rooftop. Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
The property has 5,400 square feet of offices.  Photo courtesy of Compass
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.
Sugar Building, 3202 McKinney Ave.

What very well could be the ultimate live-work setup in Dallas recently went on the market for a sweet $7.5 million.

Aside from two luxury townhomes, each measuring about 3,700 square feet, the contemporary Sugar Building in Uptown features about 5,400 square feet of offices. In addition, a 13-car garage — complete with a Tesla charging station — and an air-conditioned workshop encompass about 4,300 square feet.

The four-story property, at 3203 McKinney Ave., features three bedrooms and two bathrooms in one of the residential units and two bedrooms and a two-and-a-half bathrooms in the other residential unit. The office space contains four bathrooms.

Other features include:

  • Uptown views from the rooftop
  • Terrazzo, concrete, and hardwood floors
  • Venetian plaster
  • Floor-to-ceiling glass walls
  • Residential kitchens with high-end appliances
  • Automated window shades
  • Spa-like baths

Jonathan Rosen of real estate brokerage firm Compass has the listing, which he says is unique in the Dallas market.

“There’s limited inventory available in the live-work category in the Dallas market, and the finish-out throughout this property is of the highest level,” Rosen says. “We usually see live-work properties like this in bigger markets like L.A., San Francisco, and New York City. The flexibility that the layout provides makes this property truly special. It can truly … fit any buyer’s needs.”

The ValCap Group LLC, a Dallas-based real estate investment firm specializing in apartment complexes, owns the Sugar Building and occupies all of the office space there. The two townhomes are leased to residential tenants.

Built in 2005, the property takes its name from Sugar Film Production, the original owner. Sugar Film has offices in Dallas and Santa Monica, California.