1714 S Saint Marys St - Apartments FOR SALE


San Antonio, TX 78210- Lavaca
$1,414,000 USD
313-725-1303
1714 S Saint Marys St, San Antonio, TX for Sale
$1,414,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

1714 S Saint Marys St
San Antonio, TX 78210
Lavaca


HIGHLIGHTS

  • Mixed-use property with development potential
  • Two lots of 0.456 acres of IDZ Zoning
  • 26 residential units allowed in Lavaca
  • Existing building completely renovated
  • Class A/Brand new residential units
  • Diversified investment

OVERVIEW

Introducing an exceptional opportunity in the heart of San Antonio—a well-entitled 6,400 SF mixed-use building constructed in 1950 and completely renovated in 2023. This property features 10 Class A 1-bedroom units, along with a meticulously updated infrastructure, including a new roof, HVAC system, boilers, electrical work, gas lines, meters, mainline plumbing, and windows. Each unit is individually metered for both electricity and water. The property offers 2,800 SF of street-level retail space in a prime location, complemented by an additional 3,500 SF of warehouse space to diversify income generation until further development occurs. With high visibility and a versatile layout, this well-maintained property provides ample parking and serves as an ideal canvas for a retail investor's vision. Strategically positioned in the highly sought-after Lavaca neighborhood, this property is just a minute's walk to the famed River Walk trails and adjacent to the major redevelopment of the former Lone Star Brewery. Additionally, the property is entitled for the development of an additional 26 units, and with its highly sought-after IDZ-3 zoning, there is no limit to the density of development possible on this lot. This compelling asset combines current residential rental units, retail storefronts, and light industrial/warehouse space, along with significant potential for future growth. Don’t miss this opportunity to make a lasting impact in the vibrant San Antonio market!

FOR SALE DETAILS

PRICE

$1,414,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

10

PRICE/UNIT

$141,400

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

IDZ-3

APN/PARCEL ID

02979-000-0100

ASK ABOUT THIS PROPERTY

Letitia AlexanderLockwood Realty GroupMore Info
313-725-1303

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Letitia AlexanderLockwood Realty GroupMore Info
313-725-1303

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