2918 Commerce StSan Antonio, TX 78207

For Sale
$2,900,000

San Antonio multi-tenant investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional San Antonio investment opportunity presents a unique blend of commercial real estate potential. Located at 2918 W Commerce St, this property encompasses three units totaling 15,987 square feet on a 0.685-acre lot in Bexar County, Texas (Zip code 78207). The property features a mix of uses, including a restaurant (approximately 4,404 sq ft), an attached office space (approximately 1,054 sq ft), and a prominent anchor tenant, Bill's Pawn Shop (approximately 10,529 sq ft), with a lease expiring in five years. The property is currently 50% occupied. Built in 1977, this Class B property consists of two single-story buildings and is zoned C-3, offering flexibility for redevelopment or subdivision. The property benefits from high visibility due to ample street frontage and parking, further enhanced by its location within a revitalization zone, the Westside TIRZ, and proximity to planned VIA Silver Bus Line improvements. The gross lease structure and multi-tenant occupancy provide a stable income stream. This owner-user investment opportunity is priced at $2,900,000 and presents significant long-term appreciation potential within a thriving and diverse community. The shared parking lot ensures ample space for all tenants and patrons. This is a prime opportunity to capitalize on the ongoing revitalization efforts in the area.

Highlights

  • $2,900,000 asking price for a multi-tenant commercial property.
  • 5,458 - 15,987 square feet total, with 5,458 square feet net rentable.
  • Located at 2918 W Commerce St, San Antonio, TX 78207, on a 0.685-acre lot.
  • Property includes a restaurant, pawn shop, and office space; currently 50% occupied.
  • Features two buildings, one story each, built in 1977, with C-3 zoning.

Property Details for 2918 Commerce St

Property type
Other specialty properties, Lifestyle centers
Square Feet
5,458 SF
Class
B
Year Built
1977
Buildings
2
Stories
1
Lot Size (sq. ft)
29,839 SF
Units
3

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.427877323997
Longitude
-98.527702476956
2918 Commerce St, San Antonio, Texas

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2918 Commerce St
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