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Listing Courtesy of: johnnydevora@devorarealty.com - Johnny Devora - Devora Realty 512-961-9084

$725,000

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1426 S NEW BRAUNFELS AVE San Antonio, TX 78210

General Commercial Residence

Beds

Baths

6,421 Sq. Ft.

0.17 Acre Lot

Property Activity

Time on Site

days

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Last updated on 1/7/2025 3:38 AM

Listing Details

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 unpar...alleled 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. Continue reading

MLS#

1826551

Property Type

General Commercial

Year Built

1960

Square Feet

6,421 sq. ft

Price per Sq. Ft.

$112.91

Lot Size

0.17