1426 S NEW BRAUNFELS AVE, SAN ANTONIO, TX 78210
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1426 S NEW BRAUNFELS AVE
San Antonio, TX 78210
List Price$500,000
Listing #1933969
About This Property
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 11% CAP rate at the current list price. Strategic upgrades could elevate potential rents to $18/SF, significantly enhancing returns. Improvements include a 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.
Listing Courtesy of Johnny Devora, Devora Realty (512) 961-9084
Property Features
Location Information
County
Bexar
MLS Area
1200
Neighborhood Amenities
Other - See Remarks
Subdivision
S01620
Interior Features
Room Dimensions
Dining: 15x33, Living: 14x24, Kitchen: 10x10, MasterBR: 10x15, BR2: 10x12
Has Family Room
Yes
Interior
Attic - Other See Remarks
Fireplace Description
Not Applicable
Master Bedroom Description
Upstairs
Heating
Other
Master Bathroom Description
Shower Only
Heating Fuel
Electric
1/2 Baths
1
Cooling
Other
Has Dining Room
Yes
Floors
Wood, Unstained Concrete
Exterior Features
Style
Two Story, Historic/Older
Sewer Supplier
SAWS
Construction
Pre-Owned
Water Supplier
SAWS
Exterior
Chain Link Fence, Other - See Remarks
Electric Supplier
CPS
Manufacturer
Uknown
Parking Description
None/Not Applicable
Foundation
Slab
Pool/Spa Description
None
Roof
Flat
Lot Size
0.169
Water / Sewer
City
Lot Description
City View, Level
School
School District
San Antonio I.S.D.
Jr. High School
Poe
Elementary School
Smith
High School
Brackenridge
Additional Information
Proposed Terms
Conventional, 1st Seller Carry, Cash
Year Built
1960
Property Type
SFR
Status
Active
Property SubType
Single Family Detached
Miscellaneous
Commercial Potential, City Bus, Investor Potential, As-Is
Similar Listings
Mortgage Calculator
$2,333
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,801
Monthly Tax
$416
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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