For Sale
$799,000

2458 Harry Wurzbach RdSan Antonio, TX 78209

San Antonio retail center, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This 11,426 square foot retail center, located at 2458 Harry Wurzbach Rd, San Antonio, TX 78209, presents a compelling value-add investment opportunity. The property, built in 1939 and classified as Class D, features five individual units within a single building situated on a 0.872-acre lot. Currently boasting 60% occupancy with three tenants under a gross lease agreement, the center generates a Net Operating Income (NOI) of $54,991. Leases are in place until December 31, 2027, with a remaining term of approximately 3.1 years. The asking price is $799,000, translating to $69.93 per square foot. Zoned C-3, this property offers flexibility for diverse commercial uses. While requiring some updates and improvements, the existing structure provides a solid foundation for renovation and repositioning to meet modern retail demands. Ample on-site parking caters to tenants and customers. Its prime location on Harry Wurzbach Road ensures high visibility and accessibility, benefiting from proximity to residential areas and other commercial establishments in this thriving northeast San Antonio neighborhood. This distressed sale presents a chance to capitalize on the property's potential in a high-demand area.

Property Details for 2458 Harry Wurzbach Rd

Property type
Specialty properties, Lifestyle centers
Square Feet
11,426 SF
Class
D
Year Built
1939
Buildings
1
Lot Size (sq. ft)
37,984 SF
Units
5

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.486991455906
Longitude
-98.429915915668
2458 Harry Wurzbach Rd, San Antonio, Texas

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2458 Harry Wurzbach Rd
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