Renovated Multi-Tenant Flex
For Sale
$379,000
1020 Roosevelt, San Antonio, TX 78210
Standalone commercial building with adaptable interiors, modern systems, and plumbing and wiring prepared for expansion.
Property Size2,400 SF
Price / SF$157.92
Days on Market76
Property Features for 1020 Roosevelt
General Information
Standard status
Active
Size
2,400 SF
Building Details
Year Built
1964
Buildings
1
Listing Agency:
Yndo Commercial Real Estate Co
Listed By:
Stephen Yndo · License #0346184
(210) 771-0334
Source:
Theswinneygroup
Added: Jul 30
Changed: Sep 12
Last Checked: Oct 12 at 9:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yndo Commercial Real Estate Co
Investment Insights
Based on property information with market context.
This standalone flex space provides 2,400 SF in a recently renovated commercial building originally constructed in 1964. The adaptable layout can accommodate up to three tenants or support a live/work configuration. Interior features include soaring ceilings, sealed concrete floors, exposed structural elements, custom cabinetry, quartz surfaces, high-efficiency HVAC, a tankless water heater, dual-space alarm capability, and a full bathroom with shower. Plumbing and wiring are in place for future expansion.
The property is located at 1020 Roosevelt on Roosevelt Avenue in San Antonio, with freeway visibility and direct access toward Downtown. Its stated surrounding context includes the River Artes District, Lone Star Brewery development, Downtown’s Project Marvel entertainment district, King William, Lavaca, the South Alamo Strip, Mission Trail, and Southtown’s cafe and gallery scene.
The configuration is suited to flexible commercial occupancy, including boutique retail, creative office, cafe, studio, or hybrid use, as described for the property.
The property is located at 1020 Roosevelt on Roosevelt Avenue in San Antonio, with freeway visibility and direct access toward Downtown. Its stated surrounding context includes the River Artes District, Lone Star Brewery development, Downtown’s Project Marvel entertainment district, King William, Lavaca, the South Alamo Strip, Mission Trail, and Southtown’s cafe and gallery scene.
The configuration is suited to flexible commercial occupancy, including boutique retail, creative office, cafe, studio, or hybrid use, as described for the property.
Key Highlights
- 2,400 SF standalone commercial building on Roosevelt Avenue
- Recently renovated; original construction dates to 1964
- Layout supports up to three tenants or a live/work configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,709
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,180
$654.2K
Cap Rate 7%
$467,271
$467.3K
Cap Rate 9%
$363,433
$363.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$53.0K $22.08/SF
− Vacancy
−$9.4K −$3.91/SF
EGI
$43.6K $18.17/SF
− OpEx
−$10.9K −$4.54/SF
NOI
$32.7K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,180
Cap Rate 7%
$467,271
Cap Rate 9%
$363,433
Alternative Uses
Best Use
Office B
$467.3K
$408.9K – $545.2K
NOI $32,709 @ 7.0% cap · market cap 8.63%
Second Best
Retail
$459.0K
$401.6K – $535.5K
NOI $32,127 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$612.2K
$535.7K – $714.2K
NOI $42,854 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
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Frequently Asked Questions
What type of property is this?
Flex space - Standalone commercial building with adaptable interiors, modern systems, and plumbing and wiring prepared for expansion.
Where is this flex space located?
The property is located at 1020 Roosevelt San Antonio, TX.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2,400 SF standalone commercial building on Roosevelt Avenue; Recently renovated; original construction dates to 1964; Layout supports up to three tenants or a live/work configuration
