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1426 S NEW BRAUNFELS AVE
San Antonio TX 78210-2249 US

$725,000

Active Listing ID 1826551
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Lot: 0.17 Acres
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Other

$725,000

Active Listing ID 1826551
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1426 S NEW BRAUNFELS AVE 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 features a partially converted residential loft with high ceilings, a full bathroom, spacious living area, washer/dryer connections, and a large closet. 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Other
  • Roof Type: Flat

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 725000
  • unparsedaddress: 1426 S NEW BRAUNFELS AVE
  • postalcity: San Antonio
  • stateorprovince: TX
  • country: US
  • postalcode: 78210-2249
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.169
  • lotsizeunits: Acres
  • lotsizearea: 0.169
  • livingarea: 6421
  • livingareaunits: Square Feet
  • listagentfullname: Johnny Devora
  • listagentemail: johnnydevora@devorarealty.com
  • listagentkey: 3yd-SABORTX-607532
  • listagentmlsid: 607532
  • listagentpreferredphone: 5129619084
  • listagentofficephone: 5129619084
  • listofficekey: 3yd-SABORTX-DEVO00
  • listofficemlsid: DEVO00
  • disclaimer: Copyright © 2024 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SABORTX
  • yearbuilt: 1960
  • listingcontractdate: 2024-12-02
  • listagenturl: http://www.devorarealty.com
  • countyorparish: Bexar
  • parcelnumber: 016200210270
  • elementaryschooldistrict: San Antonio I.S.D.
  • middleorjuniorschooldistrict: San Antonio I.S.D.
  • highschooldistrict: San Antonio I.S.D.
  • cooling: Other
  • constructionmaterials: Brick, Stucco
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 10
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • entrylevel: 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Devora Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"johnnydevora@devorarealty.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@devorarealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Devora Realty, LLC", "ListBrokeragePhone":"(512) 400-4248", "ListBrokeragePostalCode":"78702", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Ste 107", "ListBrokerageUnparsedAddress":"1200 E. 11th Street", "ListBrokerageWebsiteUrl":"http://www.devorarealty.com", "ListOfficeAddress1":"1200 E. 11th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Austin", "ListOfficeCountry":"US", "ListOfficeEmail":"johnnydevora@devorarealty.com", "ListOfficePostalCode":"78702", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Use - San Antonio, TX", "ListingURL":"https://listings.listhub.net/pages/SABORTX/1826551/?channel=rexren", "MLSModificationTimestamp":"2024-12-02T20:55:57Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7418.03, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/2/2024 10:03:04 PM GMT
Source Updated Date: 12/4/2024 6:52:30 AM GMT

Courtesy of: Johnny Devora, Devora Realty, johnnydevora@devorarealty.com

Copyright © 2024 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.