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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.

Property Facts

Price $1,995,000
Price Per Unit $199,500
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 0.26 AC
Building Size 6,400 SF
No. Stories 2
Year Built 1950
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 (71)
Bike Score ®
Biker's Paradise (92)
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.®

PROPERTY TAXES

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)
  • Listing ID: 31291326

  • Date on Market: 3/21/2024

  • Last Updated:

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

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