217 S River St 18,508 SF 96% Leased Retail Building Seguin, TX 78155 $4,268,000 ($230.60/SF)

EXECUTIVE SUMMARY

Originally The Park Plaza Hotel, this charming 5-story Down-town Seguin's historical architectural marvel, designed by Texan architect Leo M.J. Dielmann in 1917, is conveniently located in the heart of Historic Downtown Seguin near the city's Central Park and Guadalupe Country Courthouse.
Over the years the hotel has gone through renovations in 2015 and converted into retail space, restaurant space and private executive office spaces. The suite sizes range from 150 SQ FT up to approximately 350 SQ FT and have a high multi-tenant occupancy rate that varies by the month. Large 4,000 SQ FT restaurant space includes kitchen and bar.
This early 20th century building qualifies for historic renovation tax credits and eligible for city grants & downtown historic grants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,508 SF
Building Class
B
Year Built/Renovated
1920/2015
Price
$4,268,000
Price Per SF
$230.60
Percent Leased
96%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
1.37
Lot Size
0.31 AC
Zoning
Comm - Commercial Downtown Historic District
Parking
23 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
104’ on South River Street

AMENITIES

  • Atrium
  • Corner Lot
  • Restaurant
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Mike Stevens
  • -
  • -
  • -
  • -
  • Construction
  • -
  • -
  • -

Founded in 1935, Roto-Rooter, based in Cinncinnati, Ohio, is the largest provider of plumbing, drain cleaning and water cleanup services in North America. In 1980, the Blanc family sold Roto-Rooter to Chemed Corporation, and Roto-Rooter moved its headquarters to Cincinnati but continued to manufacture the famous Roto-Rooter drain cleaning machines, cables, blades and other parts at its own factory in West Des Moines, Iowa. Roto-Rooter operates businesses in hundreds of company-owned branch and independent contractor territories and many independent franchise operations, serving much of the U.S. population and parts of Canada. Master independent franchise operations have been established in Japan, Philippines, Mexico, United Kingdom, Hong Kong/China and Indonesia/Singapore.

  • VooDoo Daddy's
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Mike Stevens - - - -
Construction - - -
VooDoo Daddy's Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 101 & 102
  • 236-256 SF
  • Retail
  • -
  • Now
  • 204, 208, 209
  • 236-256 SF
  • Retail
  • -
  • Now
  • 301-309
  • 236-256 SF
  • Retail
  • -
  • Now

Each room is climate controlled and has private bathroom/shower access. Restaurant/Bar will be available for tenants to dine at.

Space Size Space Use Position Available
101 & 102 236-256 SF Retail - Now
204, 208, 209 236-256 SF Retail - Now
301-309 236-256 SF Retail - Now

101 & 102

Size
236-256 SF
Space Use
Retail
Position
-
Available
Now

204, 208, 209

Size
236-256 SF
Space Use
Retail
Position
-
Available
Now

301-309

Size
236-256 SF
Space Use
Retail
Position
-
Available
Now

NEARBY MAJOR RETAILERS

Bank of America
CrossFit

PROPERTY TAXES

  • Listing ID: 34785930

  • Date on Market: 2/11/2025

  • Last Updated:

  • Address: 217 S River St, Seguin, TX 78155