116 Houston StSan Antonio, TX 78205

Property Details for 116 Houston St

Year built

1930

Lot size

0.31 AC

Property size (Sq ft)

40,687 SF

Property type

Office properties

Property subtype

Other office properties

APN

00106-000-0410

APU

1060000410

Description

The Savoy Building, located at 116 E Houston St, San Antonio, TX 78205, presents a unique retail opportunity in Bexar County. Originally constructed in 1912 as the Savoy Hotel, this 1,500 square foot space offers a blend of historical character and modern functionality. The building, a testament to the architectural vision of Alfred Giles, comprises three distinct structures, creating a visually striking and memorable presence. Currently, the entire 1,500 square feet is available for lease. This ground-floor retail space is ideally situated within a vibrant urban setting, providing excellent visibility and accessibility for businesses seeking a distinctive location. The building's rich history and architectural details create an unparalleled ambiance, perfect for businesses seeking to establish a strong brand identity within a highly desirable area of San Antonio. The property's multiple-tenant configuration allows for flexibility in lease terms and potential for synergistic partnerships. This is a rare chance to secure a prominent retail space in a historically significant building in the heart of San Antonio. The property's location offers easy access to various amenities and a high volume of foot traffic. This is an exceptional opportunity for a business seeking a unique and memorable location to thrive.

• CAP approach

  CAP return

  Valuation

  6%

  $8,045,334

  6.5%

  $7,426,462

  7%

  $6,896,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,246,934

  Geo Method

  $9,246,934

• Alternative Use

  Use

  Valuation

  Residential

  $9,208,812

  Hospitality

  $8,435,223

  Educational

  $7,018,006

  Medical

  $7,259,366

  Retail

  $10,916,899

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4262

Longitude

-98.4928

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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