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1409 E Commerce St

San Antonio, TX 78205

$699,000

Freestanding For Sale  •  4,707 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 4,707 Sq Ft
  • Lot Size 0.13 ac
  • Building Class C
  • Year Built 1942
  • Cap Rate 8.03 %
  • Tenancy Multiple
  • Zoning AE-1
63 Transit Score
74 Walk Score

Description

Incredible opportunity to purchase a live/work, owner/user or investment property near downtown San Antonio! Located in the historic Dignowity Hills Arts/Entertainment District! Gorgeous view of the Tower of Americas and close to Sunset Station. This single story commercial space is currently split up into 5 Income Producing spaces. Tenants include Cafe Azteca Coffee Company, Dry Coats Painting, 2 bedroom 2 Bath Furnished Vacation Rental AirBnB, Art Studio and Yeyas Antiques. Tons of revitalization going on in the area. Must see! 8.03% CAP

Highlights

Arts & Entertainment District near Downtown San Antonio
Dignowity Hills Historic Subdivision
5 Income Producing rental units

Financial Summary (Actual)

Net Operating Income: $56,148 (2018)
Cap Rate: 8.03 %
Total Expenses: $13,752

Major Tenants

Tenant SF Occupied Lease End Date
AirBnB Furnished Vacation Rental
Art Studio Vacant
Cafe Azteca Coffee Company 12/31/2019
Dry Coats Painting
Yeyas Antiques

Public Transportation

AirportDriveWalkDistance
San Antonio International Airport 12 min - 8.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Patricia Chavez , CCIM 210-264-2087 Keller Williams Realty
Patricia Chavez , CCIM 210-264-2087 Keller Williams Realty