1426 S New Braunfels Ave - Freestanding FOR SALE


San Antonio, TX 78210
$699,000 USD
512-961-9084
1426 S New Braunfels Ave, San Antonio, TX for Sale
$699,000 USD
Freestanding - FOR SALE
1/21
null | 8.3% Cap Rate

1426 S New Braunfels Ave
San Antonio, TX 78210


HIGHLIGHTS

  • High Visibility & High Traffic Area
  • Future mixed-use development potential
  • Rooftop terrace with DT San Antonio Views
  • New TPO Roof - 2021
  • New Fencing & Gate 2023

OVERVIEW

Introducing 1426 S. New Braunfels: An 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 offers unparalleled potential for redevelopment or immediate investment. Zoned C-2, the property provides 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 a capacity for 8–10 vehicles. The top floor is vacant and partially converted into a residential loft featuring high ceilings, two full bathrooms, a spacious living area, a large closet, and washer/dryer connections. Reinstalling windows in the original openings could unveil stunning skyline views from your living room or office. Roof access is already in place, with the option to install an interior spiral staircase, offering the potential to add a rooftop terrace with breathtaking Downtown San Antonio views. The ground floor is currently leased below market rate to a related party, providing immediate cash flow with significant upside. Area industrial and flex properties lease for $9–$12/SF plus NNN. Pro forma projections at $9/SF yield $57,789 annually, equating to an 8.3% CAP rate at the current list price. Strategic upgrades could elevate potential rents to $18/SF, significantly enhancing returns. Recent improvements include a new TPO roof (2021) and gated fencing (2023), enhancing both the property’s 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 highly attractive to tenants and end-users alike. This property offers a range of future development opportunities, from live/work lofts and ground-floor retail with private residences above to potential residential/commercial condo conversions. The existing rooftop access and the ability to create a rooftop terrace further align with the 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.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C-2

APN/PARCEL ID

01620-021-0270

ASK ABOUT THIS PROPERTY

Johnny DevoraDevora RealtyMore Info
512-961-9084

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Johnny DevoraDevora RealtyMore Info
512-961-9084

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