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