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Single-Tenant Office

1146 S. Alamo

1146 S Alamo St, San Antonio, TX 78210

Listing Price: $2,170,000

Cap Rate
6.06%
Gross SF
7,714
Rentable SF
7,714
Price/Gross SF
$281.31
Lot Size
0.52 acres
Year Built
1900

Investment Overview

Marcus& Millichap is pleased to offer for sale, not just a commercial office property but a piece of history. Built in 1907 in the highly desirable Southtown area of San Antonio, this 7,714 square foot historical building consists of 2 stories and a functional basement that can be used for office, storage or usage as an imaginative amenity area for the propertys tenancy.

The current owners have spent $250,000 in exterior renovations and $150 000 in interior renovations during their hold period of the asset. Additionally, parking lot was just resurfaced and restriped in December of 2020. Given the thoughtful renovations and no deferred maintenance to contend with, a new buyer has a strategic advantage in accepting ownership without need for a hefty capital renovation budget often associated with properties of this age.

Investment Highlights

  • Prominent Historical Building
  • Excellent Location
  • Above Market Parking
  • Well Maintained

Exclusively Listed By

Listing Price: $2,170,000

Cap Rate
6.06%
Gross SF
7,714
Rentable SF
7,714
Price/Gross SF
$281.31
Lot Size
0.52 acres
Year Built
1900

Investment Highlights

  • Prominent Historical Building
  • Excellent Location
  • Above Market Parking
  • Well Maintained

Investment Overview

Marcus& Millichap is pleased to offer for sale, not just a commercial office property but a piece of history. Built in 1907 in the highly desirable Southtown area of San Antonio, this 7,714 square foot historical building consists of 2 stories and a functional basement that can be used for office, storage or usage as an imaginative amenity area for the propertys tenancy.

The current owners have spent $250,000 in exterior renovations and $150 000 in interior renovations during their hold period of the asset. Additionally, parking lot was just resurfaced and restriped in December of 2020. Given the thoughtful renovations and no deferred maintenance to contend with, a new buyer has a strategic advantage in accepting ownership without need for a hefty capital renovation budget often associated with properties of this age.

Exclusively Listed By

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