1602 Hamilton AveSan Antonio, TX 78207

For Sale
$1,800,000

Prime Retail Opportunity: High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 5,520 square foot retail building, located at 1602 S Hamilton Ave in San Antonio, Texas, presents a lucrative investment opportunity. Built in 1972 and extensively renovated in 2023, this Class C property sits on a 0.577-acre lot and boasts a C-2 zoning designation. Currently configured as a single-tenant convenience store (approximately 4520 sq ft, including inventory), the sale includes the operating business. Additionally, there's a separate 1000+ square foot standalone building available for lease at $2500/month, with the owner offering free rent for tenant improvements. A vacant lot is also available for ground lease at $2000/month, also with free rent for improvements. The asking price for the entire property is $1,800,000, with owner financing available. Lease terms are favorable, with an initial five-year lease and three five-year renewal options. The property enjoys a prime location in the Greater Gardendale area of Southwest San Antonio, near parks, major roadways (S Zarzamora), and Elmendorf Lake Park, ensuring high visibility and accessibility. This versatile property offers a unique blend of immediate income generation and significant future development potential.

Highlights

  • Owner financing available.
  • Asking price: $1,800,000.
  • 4,520 SF convenience store included in sale, with inventory.
  • 1,000+ SF standalone building available for lease at $2,500/month with tenant improvement allowance.
  • Vacant lot available for ground lease at $2,000/month with improvement allowance.
  • Five-year lease with three five-year renewal options.

Property Details for 1602 Hamilton Ave

Property type
Other retail properties, Retail properties
Square Feet
5,520 SF
Class
C
Year Built/Renovated
1972/2023
Buildings
1
Lot Size (sq. ft)
25,134 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4110705
Longitude
-98.5333736
1602 Hamilton Ave, San Antonio, Texas

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1602 Hamilton Ave
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