Active

1402 HOEFGEN AVE

San Antonio TX, 78210

$2,200,000


$169.88 per sqft

Active

12,950 sqft

Commercial

Built in 1965

1402 Hoefgen is a 2.03 Acre property located just a few hundred feet east of U.S 281 and 1.5 miles southeast of Downtown San Antonio. It features 12,950 Sf of net rentable area, three buildings, including one dedicated office building, two warehouses, covered parking and an additional 5,375 Sf of covered storage. Ownership recently completed several capital improvement projects including laying down new base for the yard, painting the buildings, upgrading the office and landscaping the property. The property offers investors the opportunity purchase the property with in-place cash flow, lease the remaining vacant space and stabilize at a market cap rate. Additionally, owner-users can occupy the remaining vacancy (6,809 Sf of office and shop space) and offset their costs with in-place income from the existing tenant. This property sits proximate to downtown San Antonio, hemisfair, southtown and less than a mile from the reported future home of the San Antonio Spurs. Long-term investors with a forward outlook are likely to benefit from the dynamic changes taking place just a short distance away.

1803992

MLS ID

August 26, 2024

Listed

October 1, 2024

Updated

Map

1402 HOEFGEN AVE
San Antonio TX, 78210

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

2.03 Acres


Roof

Built-Up

School Information

School District

San Antonio I.S.D.

Other Property Details

Area Name

1100


Taxes

$37,162


Tax Frequency

Annually


Days on Market

29


Garage

No


Parking Total

30


View

No


County

Bexar


Pool

No


Zoning

I-1

Courtesy of Collin Newton, Centro Properties

Listing Contact: (210) 268-9880

Source:  ©2024 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 7:07 PM UTC, 10/1/2024

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