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    Freestanding Retail Building Title is generated by Realmo AI

    113 E Twohig Avenue, San Angelo, TX 76903

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    Claim this Listing
    For Sale
    $480,000

    COMMERCIAL - San Angelo, TX

    Type:Retail
    Property size:
    3,000 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $160/SF
    Added:
    Mar 4, 2026
    Days on Market:
    103
    Last Refresh:
    Jun 15 at 1:06 pm

    Property Features for 113 E Twohig Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    CBD
    Parking features
    Parking Lot
    Security features
    Security System
    Standard status
    Active
    APN
    R000006552
    Size
    3,000 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Description
    2ND REPLAT IN BLOCK 3, SAN ANGELO MAIN TOWN BLOCK 1-10, A-D (VILLAGE OF ST. ANGELA) (Property ID's: R000006552, R000006551)

    Utilities

    Heating system
    Forced Air, Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Membrane

    We can help!

    Listing Contact
    Sterling Davidson Fryar
    Sterling Davidson Fryar

    Listing agent Sterling Davidson Fryar License #0585689

    Listing office Keller Williams Synergy 2117 Knickerbocker, Abilene, TX

    Listing date Mar 4, 2026

    MLS# 130436

    Copyright © 2026 San Angelo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3,000 SF freestanding retail building on 21,000 SF of land
    • Brand new 3‑year gross lease agreement in place
    • Daycare facility current business
    • Brick construction with carpet and tile flooring
    • Central air and forced‑air heating; electric heating noted
    • Membrane roof; parking lot on‑site; year built 1950

    Overview

    This freestanding retail building totals approximately 3,000 square feet and sits on a 21,000 square foot parcel. The current business is a daycare facility. The owner reports a new survey and provides a brand new 3-year gross lease agreement in place, supporting an in-place operating arrangement.

    The property is located downtown San Angelo, just east of the intersection of Twohig Avenue and South Oakes Street. The site is zoned CBD.

    For tenants, this is a secured, ready-to-occupy setup for a daycare operator or another user seeking space that aligns with an existing retail structure and the CBD zoning designation. For investors, the property is being offered with an in-place 3-year gross lease agreement. Please note that specific lease terms beyond the lease length and gross structure are not provided in the available information.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $61.2k $20.40
    − Vacancy −$3.7k −$1.22
    EGI $57.5k $19.18
    − OpEx −$17.3k −$5.75
    NOI $40.3k $13.42
    3,000 SF · lease $20.40/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $575.3K
    $503.4K – $671.2K (±1% cap)
    NOI $40,270 @ 7.0% cap · market cap 8.39%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $2.30M
    $2.01M – $2.68M (±1% cap)
    NOI $160,756 @ 7.0% cap · market cap 33.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wilde Engineering & Surveying Engineer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.433609
    Latitude
    31.461759

    FAQs

    What type of property is this?
    Retail space - Freestanding downtown retail building currently operated as a daycare under a new 3-year gross lease agreement.
    Where is this retail space located?
    The property is located at 113 E Twohig Avenue San Angelo, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 3,000 SF freestanding retail building on 21,000 SF of land; Brand new 3‑year gross lease agreement in place; Daycare facility current business
    More about this property
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