1714 S Saint Marys St
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1714 S Saint Marys St
10 Unit Apartment Building $1,995,000 ($199,500/Unit) San Antonio, TX 78210
Investment Highlights
- OWNER FINANCING AVAILABLE
- 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
Owner Financing available on an exceptional opportunity in the heart of San Antonio, this well entitled property 6,400 SF mixed use building, constructed in 1950, and completely renovated in 2023 to include the finish out of 10 Class A 1 Bedroom units, the roof has been redone new HVAC throughout, new boilers new electrical, gas lines, meters, mainline plumbing, windows, all units individually metered both electrically and water. Which offers 2800 SF of street level retail space in a prime location. Also on the property is 3500 SF of warehouse to diversify your income generation until further development. Boasting high visibility, a spacious and versatile layout, and historic charm, this well-maintained property provides ample parking and the ideal canvas for a retail investor's vision. With its strategic positioning and unique character, this property presents an enticing prospect for those seeking to make an impact in the vibrant San Antonio market.
It also is entitled for the development of an additional 26 units, but with it’s highly sought after IDZ-3 zoning there is no limit to the density of development that could be done on this lot.
With great terms being offered and the mix of current space, being residential rental units, retail store front and and light industrial/warehouse and the potential to develop the lot further, this is a compelling asset. All of this located in the highly sought aft Lavaca neighborhood. A one minute walk to the famed river walk trails, and a major redevelopment of the former Lonestar Brewery on the horizon.
It also is entitled for the development of an additional 26 units, but with it’s highly sought after IDZ-3 zoning there is no limit to the density of development that could be done on this lot.
With great terms being offered and the mix of current space, being residential rental units, retail store front and and light industrial/warehouse and the potential to develop the lot further, this is a compelling asset. All of this located in the highly sought aft Lavaca neighborhood. A one minute walk to the famed river walk trails, and a major redevelopment of the former Lonestar Brewery on the horizon.
Property Facts
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 | - | - |
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Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
Parcel Number | 02979-000-0100 | Improvements Assessment | $76,330 |
Land Assessment | $432,520 | Total Assessment | $508,850 |
PROPERTY TAXES
Parcel Number
02979-000-0100
Land Assessment
$432,520
Improvements Assessment
$76,330
Total Assessment
$508,850
zoning
Zoning Code | C-3NA NCD-1 ("IDZ-3" High Intensity Infill Development Zone) |
C-3NA NCD-1 ("IDZ-3" High Intensity Infill Development Zone) |
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1714 S Saint Marys St
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