For Sale
$576,000

107 Austin St Seguin, TX 78155

Charming 3-story building, high income potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property, located at 107 N Austin St in Seguin, Texas, presents a unique investment opportunity. The 2,880 square foot building, situated on a 0.022-acre lot, boasts a charming 3-story masonry structure in the heart of Downtown Seguin. Currently operating at 30% occupancy, the property features two units, with the ground floor occupied by Loan Express under a NNN lease. The upper two floors, previously used as apartments, offer significant potential for increased rental income upon completion. The building includes 15 parking spaces and benefits from prominent street-level visibility, including a canopy with signage and large display windows. The upper floors provide city views and access to a rear atrium. The property is zoned HDCOM and features 960 square feet of net rentable space, with an asking price of $576,000 ($200 per square foot). Rent bumps are included in the lease agreement. This owner/user investment opportunity is ideal for those seeking a blend of immediate income and future development potential in a vibrant downtown location. The property's historical charm combined with its prime location makes it an attractive proposition for a variety of uses. The property's APN is 190464.

Highlights

  • $576,000 asking price for a mixed-use property in Seguin, TX.
  • 2,880 total square feet, with 960 square feet of net rentable space.
  • Located at 107 N Austin St, Seguin, TX 78155, on a 0.022-acre lot.
  • Features 1 building with 3 stories, 2 units, and 15 parking spaces.
  • Currently 30% occupied by Loan Express, with a NNN lease in place.
  • Zoned HDCOM, offering potential for owner-user or multifamily income.

Property Details for 107 Austin St

Property type
Specialty properties, Office properties
Square Feet
2,880 SF
Buildings
1
Stories
3
Lot Size (sq. ft)
958 SF
Units
2

Location Insight

City
Seguin
County
Guadalupe
State
Texas
Latitude
29.56928099
Longitude
-97.96466853

FAQs

What type of property is this?
Specialty property - Charming 3-story building, high income potential
Where is the specialty property located?
The property is located at 107 Austin St Seguin, TX.
What is the asking price?
The asking price for this property is $576,000.
What are key features of this property?
This property features: $576,000 asking price for a mixed-use property in Seguin, TX.; 2,880 total square feet, with 960 square feet of net rentable space.; Located at 107 N Austin St, Seguin, TX 78155, on a 0.022-acre lot.
How can I contact the broker?
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107 Austin St
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