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    1426 New Braunfels Ave S, San Antonio, TX 78210
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    1426 New Braunfels Ave S
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    • MLS#: 1833677 ( Single Residential )
    • Street Address: 1426 New Braunfels Ave S
    • Viewed: 156
    • Price: $570,000
    • Price sqft: $89
    • Waterfront: No
    • Year Built: 1960
    • Bldg sqft: 6421
    • Bedrooms: 2
    • Total Baths: 3
    • Full Baths: 2
    • 1/2 Baths: 1
    • Garage / Parking Spaces: 1
    • Days On Market: 232
    • Additional Information
    • County: BEXAR
    • City: San Antonio
    • Zipcode: 78210
    • Subdivision: Na
    • District: San Antonio I.S.D.
    • Elementary School: Smith
    • Middle School: Poe
    • High School: Brackenridge
    • Provided by: Devora Realty
    • Contact: Johnny Devora
    • (512) 961-9084
    • San Antonio, TX MLS IDX
    • DMCA Notice
    • Description
      *Seller financing available for well qualified Buyers. Introducing 1426 S. New Braunfels: An Exceptional Commercial Investment Opportunity Strategically located in the rapidly growing East San Antonio corridor, just minutes from Downtown San Antonio, the Pearl District, and Broadway, this 6,421 square foot freestanding commercial property offers unparalleled potential for redevelopment or immediate investment. Zoned C 2, the property provides versatile use options, including commercial applications, mixed use development, or the addition of up to four residential units. Property highlights include two off street parking spaces at the front and a gated rear lot with a capacity for 8 10 vehicles. The top floor is vacant and partially converted into a residential loft featuring high ceilings, two full bathrooms, a spacious living area, a large closet, and washer/dryer connections. Reinstalling windows in the original openings could unveil stunning skyline views from your living room or office. Roof access is already in place, with the option to install an interior spiral staircase, offering the potential to add a rooftop terrace with breathtaking views of Downtown San Antonio. The ground floor is leased below market rate to a related party, providing immediate cash flow with significant upside. Area industrial and flex properties lease for $9 $12/SF plus NNN. Pro forma projections at $9/SF yield $57,789 annually, equating to an 10.1% CAP rate at the current list price. Strategic upgrades could elevate potential rents to $18/SF, significantly enhancing returns. Recent improvements include a new TPO roof (2021) and gated fencing (2023), enhancing both the property's value and functionality. Its prime location in a high traffic area near some of San Antonio's most iconic districts ensures excellent visibility and access, making it highly attractive to tenants and end users alike. This property offers a range of future development opportunities, from live/work lofts and ground floor retail with private residences above to potential residential/commercial condo conversions. The existing rooftop access and the ability to create a rooftop terrace further align with the demand for modern, flexible spaces in this sought after market. With its flexible zoning, recent capital improvements, and strong redevelopment potential, 1426 S. New Braunfels represents a rare opportunity to secure a high performing asset in one of San Antonio's fastest growing areas.
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    Features
    Possible Terms
    1. Conventional
    2. 1st Seller Carry
    3. Cash
    Air Conditioning
    1. Other
    Apprx Age
    1. 65
    Block
    1. 21
    Builder Name
    1. Uknown
    Construction
    1. Pre-Owned
    Contract
    1. Exclusive Right To Sell
    Days On Market
    1. 231
    Currently Being Leased
    1. Yes
    Dom
    1. 231
    Elementary School
    1. Smith
    Exterior Features
    1. Stucco
    Fireplace
    1. Not Applicable
    Floor
    1. Wood
    2. Unstained Concrete
    Foundation
    1. Slab
    Garage Parking
    1. None/Not Applicable
    Heating
    1. Other
    Heating Fuel
    1. Electric
    High School
    1. Brackenridge
    Home Owners Association Mandatory
    1. None
    Home Faces
    1. West
    Inclusions
    1. Washer Connection
    2. Dryer Connection
    Instdir
    1. I-35 S to San Antonio. Take exit 576 from I-10 W/US-90 W. Take exit 576 for Gevers St toward New Braunfels Ave. Turn right on onto S. New Braunfels Ave. Destination will be on the right
    Interior Features
    1. Attic - Other See Remarks
    Kitchen Length
    1. 10
    Legal Description
    1. NCB 1620 BLK 21 LOT N 49 FT OF 27 THRU 32
    Lot Description
    1. City View
    2. Level
    Lot Improvements
    1. Street Paved
    2. Curbs
    3. Streetlights
    4. City Street
    Middle School
    1. Poe
    Miscellaneous
    1. Commercial Potential
    2. City Bus
    3. Investor Potential
    4. As-Is
    Neighborhood Amenities
    1. Other - See Remarks
    Occupancy
    1. Tenant
    Owner Lrealreb
    1. No
    Ph To Show
    1. 51129619084
    Possession
    1. Closing/Funding
    Property Type
    1. Single Residential
    Recent Rehab
    1. Yes
    Roof
    1. Flat
    School District
    1. San Antonio I.S.D.
    Source Sqft
    1. Bldr Plans
    Style
    1. Two Story
    2. Historic/Older
    Total Tax
    1. 7418
    Utility Supplier Elec
    1. CPS
    Utility Supplier Sewer
    1. SAWS
    Utility Supplier Water
    1. SAWS
    Views
    1. 156
    Virtual Tour Url
    1. https://www.1426snewbraunfels.com
    Water/Sewer
    1. City
    Window Coverings
    1. Some Remain
    Year Built
    1. 1960