For Sale
$1,250,000

166 Loop 1604San Antonio, TX 78232

Avis-Tenanted, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A mixed-use property in San Antonio, Texas, presents a turnkey investment opportunity. Located at 166 N Loop 1604 E, this 29,205 square foot building, constructed in 2007 and renovated in 2015, sits on a 1.722-acre lot and boasts 50 parking spaces and four loading docks. The property features a 20-foot ceiling height and is zoned C-3, allowing for diverse commercial uses. Currently 60% occupied, the six units offer a net rentable area of 19,530 square feet, with an asking price of $1,250,000 ($42.80/sq ft and $208,333.33 per unit). The property includes an established Avis-branded tenant and a thriving car wash business, both offering immediate income potential. The car wash business is available for separate sale. This two-story building benefits from an attractive ground lease, providing financial advantages in a high-traffic area at the intersection of Loop 1604 and Voigt Drive, maximizing exposure in the desirable Hollywood Park and Stone Oak neighborhoods. The versatile space is ideal for a variety of tenants, ensuring strong rental income potential. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential in a prime San Antonio location.

Highlights

  • $1,250,000 asking price for a mixed-use property with immediate income potential.
  • Strategically located at the intersection of Loop 1604 and Voigt Drive in San Antonio, Texas, within the high-traffic areas of Hollywood Park and Stone Oak.
  • 29,205 total square feet, with 19,530 square feet of net rentable space, housing diverse tenants in a versatile commercial building.
  • Includes a car wash business available for separate sale.
  • Attractive ground lease terms provide financial advantages in a prime location.

Property Details for 166 Loop 1604

Property type
Specialty properties, Retail properties
Square Feet
29,205 SF
Class
A
Year Built/Renovated
2007/2015
Buildings
1
Stories
2
Lot Size (sq. ft)
75,010 SF
Units
6

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.608108167988
Longitude
-98.49364037928
166 Loop 1604, San Antonio, Texas

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166 Loop 1604
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