For Lease
$28/SF/YR

1947 New Braunfels Ave San Antonio, TX 78208

Historic Government Hill retail, high growth area.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 7,369 square foot multi-tenant retail building, located in San Antonio's vibrant Government Hill, presents a unique investment opportunity. Situated on a highly visible hard corner at the intersection of Grayson Street and a cross street, this property boasts a prime location less than a mile from the Pearl District and a third of a mile from Interstate 35. Across the street lies the entrance to Fort Sam Houston, ensuring high traffic and visibility. Originally constructed in 1950, the building underwent a complete renovation in 2023, featuring updated mechanical and plumbing systems, a modernized exterior with fresh paint and stucco, a new canopy, and energy-efficient LED lighting. The property currently houses several thriving local businesses, creating a strong existing tenant base. The building is comprised of six suites, with a minimum divisible space of 1,214 square feet and a maximum contiguous space of 2,429 square feet; currently, 2,429 square feet are vacant. The 0.33-acre lot provides ample space, and seven parking spaces are available for tenants and customers. The property is zoned C-2 IDZ, reflecting its suitability for a variety of retail and commercial uses. With over 650 new apartment units recently completed nearby, adding nearly 1,000 new residents to the area, this property offers significant growth potential. The property's Class B designation and $2.03 per square foot tax rate further enhance its attractiveness. This is a rare chance to acquire a well-maintained, historically significant property in a rapidly developing area. Don't miss this opportunity to establish your business in this thriving San Antonio neighborhood.

Highlights

  • 7,369 SF multi-tenant retail building in San Antonio's Historic Government Hill.
  • Recently renovated with updated mechanicals, plumbing, exterior, and LED lighting; situated on a hard corner.
  • Currently occupied by several established local businesses.
  • Excellent location: less than one mile from The Pearl, one-third mile from I-35, and across from Ft. Sam Houston.
  • High growth potential due to over 650 new nearby apartment units.

Property Details for 1947 New Braunfels Ave

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
7,369 SF
Class
B
Year Built/Renovated
1950/2023
Buildings
2
Stories
1

Unit(s) available at that property

Space
1947 N. New Braunfels
Size
2,429 SF
Rate per SF
$28

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4430611
Longitude
-98.4611445

FAQs

What type of property is this?
Specialty property - Historic Government Hill retail, high growth area.
Where is the specialty property located?
The property is located at 1947 New Braunfels Ave San Antonio, TX.
What is the lease rate?
The lease rate is $28/SF/YR.
What are key features of this property?
This property features: 7,369 SF multi-tenant retail building in San Antonio's Historic Government Hill.; Recently renovated with updated mechanicals, plumbing, exterior, and LED lighting; situated on a hard corner.; Currently occupied by several established local businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1947 New Braunfels Ave
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