MLS# 1833677 - 1426 S New Braunfels Ave, San Antonio, TX 78210
$639,000
Beds:
2
Baths:
2 full, 1 half
Sqft:
6,421
Sqft lot:
7,361
Acre lot:
0.17
112 Days On Market
Courtesy of Devora Realty, Johnny Devora (512) 961-9084
Status:
Active
Property Type:
Single Family Detached
Year Built:
1960
Neighborhood:
Na
Days On Website:
112
Property Details for 1426 S New Braunfels Ave, San Antonio, TX 78210
Description
*Seller financing available for well-qualified Buyers. 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 views of Downtown San Antonio. The ground floor is 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 9% 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.
Open House
Features
Listing
- Listing date: 2025-01-09 06:00:00
- 112 cumulative days on market
- 112 days on market
- Currently being leased
- Price per square foot: $100
Bedrooms
- 2 bedrooms
Bathrooms
- 3 total bathrooms
- 2 full bathrooms
- 1 half bathroom
- Shower Only
Location
- County: Bexar
- Area: 1200
- Subdivision: NA
Building
- Built in 1960
- Approximate age: 65 years
- Construction: Pre-Owned
- Builder: Uknown
- 6,421 square feet
- 2 stories
- West
- Two Story
- Historic/Older
Exterior Features
- Chain Link Fence
- Other - See Remarks
- Stucco
Interior Features
- Attic - Other See Remarks
Windows & Doors
- Some Remain
Roof
- Flat
Floors
- Wood
- Unstained Concrete
Foundation
- Slab
Fireplaces
- Not Applicable
Lot
- Lot size: 0.169
- City View
- Level
- Street Paved
- Curbs
- Streetlights
- City Street
Amenities
- Other - See Remarks
Kitchen
- Kitchen length: 10 feet
- Kitchen width: 10 feet
Living Room
- Living room length: 14 feet
- Living room width: 24 feet
Dining Room
- Dining room length: 15 feet
- Dining room width: 33 feet
Primary Bedroom
- Upstairs
- Master bedroom length: 10 feet
- Master bedroom width: 15 feet
Second Bedroom
- Bedroom 2 length: 10 feet
- Bedroom 2 width: 12 feet
Parking
- None/Not Applicable
Pool
- None
Schools
- School district: San Antonio I.s.d.
- Elementary school: Smith
- Middle school: Poe
- High school: Brackenridge
Heating
- Electric
- Other
Cooling
- Other
Utilities
- City
- Electric utility supplier: CPS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Tax year: 2024
- Total tax amount: $7,418
Miscellaneous
- Washer Connection
- Dryer Connection
- Commercial Potential
- City Bus
- Investor Potential
- As-Is
Property Map
Map View
$639,000 - 1426 S New Braunfels Ave, San Antonio, TX 78210
Street View
Directions
1426 S New Braunfels Ave
San Antonio, TX 78210
County: Bexar