1714 S Saint Marys St - Apartments FOR SALE


San Antonio, TX 78210
$1,995,000 USD
313-725-1303
1714 S Saint Marys St, San Antonio, TX for Sale
$1,995,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

1714 S Saint Marys St
San Antonio, TX 78210


HIGHLIGHTS

  • OWNER FINANCING AVAILABLE
  • 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

Owner Financing available on an exceptional opportunity in the heart of San Antonio, this well entitled property 6,400 SF mixed use building, constructed in 1950, and completely renovated in 2023 to include the finish out of 10 Class A 1 Bedroom units, the roof has been redone new HVAC throughout, new boilers new electrical, gas lines, meters, mainline plumbing, windows, all units individually metered both electrically and water. Which offers 2800 SF of street level retail space in a prime location. Also on the property is 3500 SF of warehouse to diversify your income generation until further development. Boasting high visibility, a spacious and versatile layout, and historic charm, this well-maintained property provides ample parking and the ideal canvas for a retail investor's vision. With its strategic positioning and unique character, this property presents an enticing prospect for those seeking to make an impact in the vibrant San Antonio market. It also is entitled for the development of an additional 26 units, but with it’s highly sought after IDZ-3 zoning there is no limit to the density of development that could be done on this lot. With great terms being offered and the mix of current space, being residential rental units, retail store front and and light industrial/warehouse and the potential to develop the lot further, this is a compelling asset. All of this located in the highly sought aft Lavaca neighborhood. A one minute walk to the famed river walk trails, and a major redevelopment of the former Lonestar Brewery on the horizon.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

10

PRICE/UNIT

$199,500

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

0.26 AC

LAND SF

11,326 SF

ZONING

C-3NA NCD-1

APN/PARCEL ID

02979-000-0100

ASK ABOUT THIS PROPERTY

Tish AlexanderLockwood Realty GroupMore Info
313-725-1303

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Tish AlexanderLockwood Realty GroupMore Info
313-725-1303

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