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114 E Main Plz

7,450 SF Retail Building San Antonio, TX 78205 For Sale

Investment Highlights

  • LARGE HISTORICAL TAX CREDITS ($1,500,000.00)
  • Only Property In Main Plaza Not Owned By The City Of San Antonio
  • Direct River Walk Access and Frontage
  • TIRZ CREDIT ($1,200,000.00)
  • One of San Antonio's most historic buildings dating back to the early foundational years of San Antonio in the 1700's

Executive Summary

**A Once-in-a-Lifetime Opportunity to Own a Major Historic Landmark in the Heart of Downtown San Antonio**
Presenting a rare and unparalleled opportunity to acquire a significant piece of San Antonio’s storied past. Situated prominently in the city’s iconic Main Plaza, this exceptional 7,500-square-foot property stands as a testament to over 280 years of history. Originally constructed in 1742 and once known as Casa Reales, this architectural treasure remains the only property in the Plaza not owned by the City of San Antonio—offering a once-in-a-lifetime chance to own a piece of the city’s most historically significant properties.
Having served variously as a courthouse, jail, and municipal house during the 1800s, this building is an enduring symbol of San Antonio’s rich cultural and governmental history. As one of the oldest surviving buildings in the area, it is intrinsically linked to the development of the city itself. Its historical pedigree is unparalleled, making this an extraordinary opportunity to purchase a property with immense historical value and potential.
The property spans three distinct levels: a spacious basement, a main floor, and a stunning terrace level, each offering unique possibilities for redevelopment and commercial use. With approved zoning for both commercial/retail and residential purposes, the expansive 7,500 square feet of interior space presents numerous options for a high-profile business venture, a cultural destination, or an elegant hospitality venue—each with direct access to the vibrant energy of Main Plaza and San Antonio's Riverwalk.
The basement level, with its original architectural features, could be repurposed for a variety of uses, while the main floor offers prime visibility and accessibility, perfect for high-traffic retail or office space. The terrace level provides a distinctive opportunity to take advantage of panoramic views of the historic Plaza, creating an ideal setting for dining, events, or other commercial/residential endeavors. Each level holds potential for modern development while preserving the historical integrity of the building, making it a truly unique canvas for visionary owners.
For discerning buyers, this is more than just a real estate investment—it is an invitation to become a steward of one of San Antonio’s most important historical landmarks. With its deep-rooted significance, this property offers a rare opportunity to shape the future of the city while honoring its past.
This is a once-in-a-generation opportunity to own a key piece of San Antonio’s living history. Properties of this caliber are incredibly rare, and with the building’s rich legacy and prime location, this offering is a true once-in-a-lifetime opportunity. Don’t miss your chance to be part of San Antonio’s historic narrative.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,450 SF
Building Class
C
Year Built
1789
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.68
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
D
Frontage
49 FT on main Plz

Amenities

  • Bus Line
  • Signalized Intersection
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Saltgrass Steak House
Fat Tuesday
Hard Rock Cafe
Bubba Gump Shrimp Co
Joe's Crab Shack
Landry's Seafood House
Starbucks
Texas de Brazil
Palm Restaurant
Beans & Brews Coffee House

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00111-000-0010
  • 00765-000-0010
  • 00101-000-0190
  • 00765-000-0011
Land Assessment
$8,996,870
Improvements Assessment
$597,860
Total Assessment
$9,594,730
  • Listing ID: 34245489

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 114 E Main Plz, San Antonio, TX 78205

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