Introducing 1426 S. New Braunfels: Exceptional Commercial Investment Opportunity Strategically located in the rapidly growing East San Antonio corridor, just minutes from Downtown San Antonio, the Pearl District, and Broadway, this 6,421-square-foot freestanding commercial property presents unparalleled potential for redevelopment or immediate investment. Zoned C-2, the property offers versatile use options, including commercial applications, mixed-use development, or the addition of up to four residential units. Property highlights include two off-street parking spaces at the front and a gated rear lot with capacity for 8-10 vehicles. The top floor is vacant and has been partially converted into a residential loft featuring high ceilings, two full bathrooms, a spacious living area, a large closet, and washer/dryer connections. Re-install windows in original openings to unveil skyline views from your living room/office. Roof access is already in place, with the option to install an interior spiral staircase, providing an opportunity to add a rooftop terrace with stunning Downtown San Antonio views. The ground floor is currently leased below market rate to a related party, offering immediate cash flow with significant upside. Area industrial and flex properties lease for $9-$12/SF plus NNN, with pro forma projections at $9/SF yielding $57,789 annually. Strategic upgrades could elevate potential rents to $18/SF, significantly enhancing returns. The property has been recently improved with a new TPO roof (2021) and gated fencing (2023), adding to its value and functionality. Its prime location in a high-traffic area near some of San Antonio's most iconic districts ensures excellent visibility and access, making it attractive to both tenants and end-users. This property offers a range of future development opportunities, from live/work lofts and ground-floor retail with private residences above to a potential residential/commercial condo conversion. The existing rooftop access and the ability to create a rooftop terrace further align with demand for modern, flexible spaces in this sought-after market. With its flexible zoning, recent capital improvements, and strong redevelopment potential, 1426 S. New Braunfels represents a rare opportunity to secure a high-performing asset in one of San Antonio's fastest-growing areas.
Listing Details
Price
$725,000
Year Built
1960
Property Type
Commercial
Listing #
1826551
Status
Active
County
Bexar
Listing Type
For Sale
Interior Features
Square Feet
6,421
Heating and Cooling
Window Unit, Other
Exterior Features
Exterior
Wood, Brick, Stucco
Foundation
Slab
Roof
Flat
Lot Size
0.17 acres
Courtesy of Johnny Devora, Devora Realty512-961-9084
Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 12/23/2024 3:52 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.