Active

1426 S NEW BRAUNFELS AVE

San Antonio TX, 78210

$699,000


$108.86 per sqft

Active

6,421 sqft

Commercial

Built in 1960

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.

1826551

MLS ID

December 2, 2024

Listed

January 17, 2025

Updated

Map

1426 S NEW BRAUNFELS AVE
San Antonio TX, 78210

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

School Information

School District

San Antonio I.S.D.

Other Property Details

Area Name

1200


Taxes

$7,418


Tax Frequency

Annually


Days on Market

46


Garage

No


Parking Total

10


View

Yes


View Description

City


County

Bexar


Pool

No


Zoning

C-2

Listing History

Date

Event

Price

1/7/2025

Price change

$699,000

-4%

Courtesy of Johnny Devora, Devora Realty

Listing Contact: (512) 961-9084

Source:  ©2025 San Antonio Board of Realtors 

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. All rights reserved.

Data last updated 8:46 AM UTC, 1/17/2025

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