210-386-3970
126 E Main Plz, San Antonio, TX for Sale
Apartments - FOR SALE
1/106
null | Request Cap Rate

126 E Main Plz
San Antonio, TX 78205


HIGHLIGHTS

  • Excellent location on the Riverwalk front with beautiful views of Downtown
  • Zoned DH (Downtown District Historic District and Landmarks) HS (Historic Significant) RIO-3 (River Improvement Overlay).
  • Terrace overlooking the river on the third and fifth floor.
  • 48 units plus 2 penthouses with a variety of floor plans.
  • 13,280 sf Retail space 100% occupied
  • 11,000 sf Basement available for lease or owner occupant. Current finish out for general office.

OVERVIEW

Located on the historic Main Plaza in downtown San Antonio, Texas, the Morris building is a five story, mixed use unreinforced masonry building that was built circa 1925 according to Bexar County Appraisal. However, the Sanborn Fire Insurance Maps identify the building as being built in 1910 of fireproof construction consisting of brick curtain walls, concrete floors, metal lath and plaster walls. The building consists of a basement that houses commercial lease space, a ground level that houses retail and restaurant spaces as well as the lobby for the apartments and residential units. Floors two through four contain 16 apartments per floor and the approximate square footage of floors two through four is 6,300 square feet. The fifth floor, substantially smaller than the other floors at approximately 2,400 square feet in size, is comprised of two penthouse apartments and was originally added to the structure in the 1950's, when the hotel was converted to apartments. The basement is currently finish out for general office and is available for owner occupant or new tenant. "Priced well below tax assessment value"

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

50

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Main Plaza Market

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

DH

APN/PARCEL ID

00118-001-0010

ASK ABOUT THIS PROPERTY

Jeremy JessopJJ Real Co.More Info
210-386-3970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeremy JessopJJ Real Co.More Info
210-386-3970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.