1714 S Saint Marys St

10 Unit Apartment Building $1,414,000 ($141,400/Unit) San Antonio, TX 78210

INVESTMENT HIGHLIGHTS

  • Mixed-use property with development potential
  • 26 residential units allowed in Lavaca
  • Class A/Brand new residential units
  • Two lots of 0.456 acres of IDZ Zoning
  • Existing building completely renovated
  • Diversified investment

EXECUTIVE SUMMARY

Introducing an exceptional opportunity in the heart of San Antonio—a well-entitled 6,400 SF mixed-use building constructed in 1950 and completely renovated in 2023. This property features 10 Class A 1-bedroom units, along with a meticulously updated infrastructure, including a new roof, HVAC system, boilers, electrical work, gas lines, meters, mainline plumbing, and windows. Each unit is individually metered for both electricity and water.
The property offers 2,800 SF of street-level retail space in a prime location, complemented by an additional 3,500 SF of warehouse space to diversify income generation until further development occurs. With high visibility and a versatile layout, this well-maintained property provides ample parking and serves as an ideal canvas for a retail investor's vision.
Strategically positioned in the highly sought-after Lavaca neighborhood, this property is just a minute's walk to the famed River Walk trails and adjacent to the major redevelopment of the former Lone Star Brewery.
Additionally, the property is entitled for the development of an additional 26 units, and with its highly sought-after IDZ-3 zoning, there is no limit to the density of development possible on this lot.
This compelling asset combines current residential rental units, retail storefronts, and light industrial/warehouse space, along with significant potential for future growth. Don’t miss this opportunity to make a lasting impact in the vibrant San Antonio market!

PROPERTY FACTS

Price $1,414,000
Price Per Unit $141,400
Sale Type Investment or Owner User
No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 6,400 SF
No. Stories 2
Year Built/Renovated 1950/2023
Parking Ratio 1.41/1,000 SF

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - -
Studios 1 - -
Walk Score®
Very Walkable (72)
Bike Score®
Biker's Paradise (92)

PROPERTY TAXES

ZONING

Zoning Code IDZ-3 ("IDZ-3" High Intensity Infill Development Zone)
  • Listing ID: 31291326

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 1714 S Saint Marys St, San Antonio, TX 78210