Historic Commercial Building with
For Sale
$999,999
315 N Chadbourne Street, San Angelo, TX 76903
COMMERCIAL - San Angelo, TX
Property Size9,750 SF
Lot Size0.22 Acres
Price / SF$102.56
Days on Market67
Property Features for 315 N Chadbourne Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Parking features
On Street
Security features
Security System
Fencing
Fenced
Subdivision
KLECK S/D
Standard status
Active
APN
15-30410-0001-009-00
Size
9,750 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
Acres: 0.223 Blk: 1 Subd: Kleck S/D N 65'Of Lot 8 To 10
Legal Description
Acres: 0.223 Blk: 1 Subd: Kleck S/D N 65'Of Lot 8 To 10
Utilities
Utilities
Natural Gas Available
Heating system
Central, Forced Air, Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1957
Flooring type
Concrete, Tile, Wood
Building materials
Brick
Roof type
Membrane
Listing Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(325) 944-9559
Listed By:
Kane Harris · License #0691377
(979) 204-7067
Added: Jun 1
Changed: Aug 4
Last Checked: Aug 6 at 7:06AM
MLS# 201080
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.
Investment Insights
Based on property information with market context.
This historic commercial building combines multiple functional spaces, including office areas, bathrooms, retail display windows, and an efficiency apartment. It also operates as a working cabinet shop, supported by bay doors and a secured entry featuring a metal privacy gate at the Chadbourne entrance and a security system. The original front portion was built around 1905, with metal ceiling tiles above a current drop ceiling, while the rear cabinet shop addition was built in 1957 and features a grand wooden arched ceiling.
The property is located in the TIRZ Investment District of Downtown San Angelo and is described as having daily traffic counts in the 8,000 to 10,000 range. It is positioned next to Hartman Roofing.
The building’s configuration includes a front retail/office component of approximately 4,000 square feet and a rear cabinet shop component of approximately 6,000 square feet.
The property is located in the TIRZ Investment District of Downtown San Angelo and is described as having daily traffic counts in the 8,000 to 10,000 range. It is positioned next to Hartman Roofing.
The building’s configuration includes a front retail/office component of approximately 4,000 square feet and a rear cabinet shop component of approximately 6,000 square feet.
Key Highlights
- Almost 10,000 SF historic commercial building with office areas, bathrooms, and retail display windows
- Two distinct areas: front ~4,000 SF built around 1905; back cabinet shop ~6,000 SF added in 1957
- Working cabinet shop with bay doors and a metal privacy gate at the Chadbourne entrance
Financial Insights For Industrial
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 | $78.4k | $8.04 |
| − Vacancy | −$6.7k | −$0.68 |
| EGI | $71.7k | $7.36 |
| − OpEx | −$21.5k | −$2.21 |
| NOI | $50.2k | $5.15 |
9,750 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.88M
$1.65M – $2.19M
NOI $131,625 @ 7.0% cap · market cap 13.16%
Second Best
Retail
$1.87M
$1.64M – $2.18M
NOI $130,876 @ 7.0% cap · market cap 13.09%
Theoretical Best
Multifamily LT 5
$7.46M
$6.53M – $8.71M
NOI $522,456 @ 7.0% cap · market cap 52.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
10,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 76903, TX
32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - This historic commercial building combines offices, retail display windows, and a working cabinet shop with bay doors.
Where is this manufacturing property located?
The property is located at 315 N Chadbourne Street San Angelo, TX.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Almost 10,000 SF historic commercial building with office areas, bathrooms, and retail display windows; Two distinct areas: front ~4,000 SF built around 1905; back cabinet shop ~6,000 SF added in 1957; Working cabinet shop with bay doors and a metal privacy gate at the Chadbourne entrance
