THE JEWEL of SOUTHTOWN | 1102 S Alamo St
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THE JEWEL of SOUTHTOWN 1102 S Alamo St
2,048 SF Retail Building San Antonio, TX 78210 $1,675,000 ($818/SF)
Investment Highlights
- Liquor License included in the sale
- Large Front Lawn and Veranda - high visibility on S Alamo and First Friday Hangout
- Perfect Complement to The Manor Hotel King William- 15 room boutique hotel across the street
- Additional Parking Lot included - parking for 34 vehicles offering another stream of income
- Corner offers privacy and additional parking- perfect place for food trucks
- Multiple streams of income private parties on private back terrace garden, front lawn, cafe & other private rooms, bridal suite and lounge upstairs
Executive Summary
1 Million Dollar price reduction!!!! Owner Financing Available.
The Jewel is a Southtown icon, a multi-faceted opportunity which includes the historic building, parking lot, liquor license(transferable) and non-realty property. Multiple ways to optimize income. It has continually been operated as a bar, art gallery, coffee shop, brunch and music venue, and for fund raisers and private parties. With over 100' of frontage in the sweet spot of S Alamo, itfaces the elegant Hotel King William, a 15 room boutique hotel and gift shop. (also for sale) The Jewel & Hotel King William are the perfect compliments to one another. The parking at The Jewel is NEVER an issue as there is also a private lot that adjoins the site and can hold 34 vehicles. (401 Pereida St is also part of this sale). This property is the "go to" site for FIRST FRIDAY STREET Fair. The large veranda and front lawn are rented to venders which brings in an audience crowd for bar and food sales. The open front lawn is rented to vendors, tables and chairs and a stage for bands, and still more room for another outdoor bar. Inside, the historic 2000 sf building has original stone walls, wide planked flooring and tall ceilings. The cocktail bar lounge opens to other private spaces, then through the cafe to the rear private patio. Upstairs in the loft there are 2 rooms, a full bathroom and a small business office.
The Jewel is a Southtown icon, a multi-faceted opportunity which includes the historic building, parking lot, liquor license(transferable) and non-realty property. Multiple ways to optimize income. It has continually been operated as a bar, art gallery, coffee shop, brunch and music venue, and for fund raisers and private parties. With over 100' of frontage in the sweet spot of S Alamo, itfaces the elegant Hotel King William, a 15 room boutique hotel and gift shop. (also for sale) The Jewel & Hotel King William are the perfect compliments to one another. The parking at The Jewel is NEVER an issue as there is also a private lot that adjoins the site and can hold 34 vehicles. (401 Pereida St is also part of this sale). This property is the "go to" site for FIRST FRIDAY STREET Fair. The large veranda and front lawn are rented to venders which brings in an audience crowd for bar and food sales. The open front lawn is rented to vendors, tables and chairs and a stage for bands, and still more room for another outdoor bar. Inside, the historic 2000 sf building has original stone walls, wide planked flooring and tall ceilings. The cocktail bar lounge opens to other private spaces, then through the cafe to the rear private patio. Upstairs in the loft there are 2 rooms, a full bathroom and a small business office.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,048 SF
Building Class
C
Year Built
1920
Price
$1,675,000
Price Per SF
$818
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.46 AC
Zoning
C-3 - Zoning allows for a multitude of business operation. Currently operated as an art gallery, cocktail bar and social venue equipped with a parking lot.
Parking
37 Spaces (18.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 00934-000-0010 | Improvements Assessment | $257,780 |
| Land Assessment | $478,830 | Total Assessment | $736,610 |
PROPERTY TAXES
Parcel Number
00934-000-0010
Land Assessment
$478,830
Improvements Assessment
$257,780
Total Assessment
$736,610
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THE JEWEL of SOUTHTOWN | 1102 S Alamo St
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