Historic Downtown Seguin Commercial
For Sale
$969,000
109 N River Street, Seguin, TX 78155
Two-story commercial building in historic downtown Seguin with many possibilities.
Property Size6,554 SF
Lot Size0.25 Acres
Price / SF$147.85
Days on Market1034
Property Features for 109 N River Street
General Information
Standard status
Active
Size
6,554 SF
Lot size
0.25 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1935
Listing Agency:
D Lee Edwards Realty, Inc
(830) 708-2319
Listed By:
D. Lee Edwards · License #0435290
(830) 708-2319
Source:
Exitrealty
Added: Oct 6, 2023
Changed: Jul 6
Last Checked: Jul 16 at 8:10AM
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 D Lee Edwards Realty, Inc
Investment Insights
Based on property information with market context.
This two-story commercial building is located near the center of Historic Downtown Seguin. The building's facade features a 1930s decorative masonry style, a covered awning, multiple front entry ways, and large display windows. The downstairs interior layout includes 7 office spaces, a front reception area, multiple restrooms, a breakroom, 3 flex rooms, emergency lights, and a walk-in safe. All exterior doors have an automatic locking mechanism for added security. Sidewalk space and front and back parking are available. Upstairs, accessible through the left front door, is a large 2,304 square foot shell space with access to an outdoor roof balcony that offers views of the downtown skyline. The property offers loads of possibilities.
Key Highlights
- Prime location in Historic Downtown Seguin.
- Large 2,304 +\/- SQ FT upstairs shell space with downtown skyline views from the roof balcony.
- Downstairs features 7 office spaces, reception area, multiple restrooms, and a breakroom.
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 | $130.6k | $19.92 |
| − Vacancy | −$5.2k | −$0.80 |
| EGI | $125.3k | $19.12 |
| − OpEx | −$37.6k | −$5.74 |
| NOI | $87.7k | $13.39 |
6,554 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,324 @ 7.0% cap · market cap 9.22%
Second Best
Retail
$1.25M
$1.10M – $1.46M
NOI $87,733 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,331 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story commercial building in historic downtown Seguin with many possibilities.
Where is this mixed-use property located?
The property is located at 109 N River Street Seguin, TX.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Prime location in Historic Downtown Seguin.; Large 2,304 +\/- SQ FT upstairs shell space with **downtown skyline views from the roof balcony.**; Downstairs features 7 office spaces, reception area, multiple restrooms, and a breakroom.
