309 Commerce StSan Antonio, TX 78205

Property Details for 309 Commerce St

Year built

1960

Lot size

0.41 AC

Property type

Commercial real estate

APN

00148-000-0091

APU

1480000091

Description

This exceptional Class A office property, the Staacke Stevens Building, offers 30,783 square feet of meticulously maintained space in two historic structures at 309 E Commerce St, San Antonio, TX 78205. Built in 1894 and renovated in 1982, this unique property boasts two buildings, three stories, and one elevator, situated on a 0.219-acre lot. The Staacke Building, designed by James Riely Gordon, showcases Renaissance Revival architecture with a stamped metal facade, Corinthian columns, and inset bowed windows. The adjacent Stevens Building, also designed by Gordon, features brick with granite detailing and incorporates Romanesque and Queen Anne styles. Both buildings offer a blend of historical charm and modern functionality. Suites range from 785 to 1,969 contiguous square feet, with a total of three suites available. The property is zoned D and located in Bexar County, offering unparalleled access to the San Antonio Riverwalk, numerous hotels, restaurants, theaters, and the Bexar County District Courts. This prime downtown location, combined with the building's unique architectural details and high-quality finishes, makes it an exceptionally desirable office space. The property's rich history and central location provide an unparalleled opportunity for businesses seeking a prestigious and convenient address in the heart of San Antonio.

• CAP approach

  CAP return

  Valuation

  6%

  $4,041,460

  6.5%

  $3,730,580

  7%

  $3,464,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,098,590

  Geo Method

  $4,098,590

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,201,820

  Retail / Commercial

  $4,038,050

  Mixed-Use / Specialty

  $3,891,420

  Hospitality / Lodging

  $2,682,850

  Office

  $3,730,580

  Institutional / Educational

  $3,998,250

  Residential Income

  $4,677,960

  Multifamily

  $6,343,560

  Automotive / Energy

  $3,427,070

  Parking / Income-Based Land

  $1,313,280

  Restaurant / Food Service

  $1,741,750

  Healthcare / Senior Housing

  $4,126,180

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4247

Longitude

-98.4893

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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