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!