Mixed-Use Property with Restaurant
For Sale
$530,000
298 El Monte Blvd, San Antonio, TX 78212
Two freestanding buildings combine retail/shop and restaurant improvements with existing vent hood infrastructure.
Property Size2,255 SF
Lot Size0.21 Acres
Price / SF$235.03
Days on Market62
Property Features for 298 El Monte Blvd
General Information
Standard status
Active
Size
2,255 SF
Lot size
0.21 Acres
Zoning
C-2
Site & Location
Corner Location
Yes
Highway Access
Yes
Additional Details
Commercial Hood
Yes
Amenities
vent hood system
on-site parking
Building Details
Year Built
1945
Buildings
2
Listing Agency:
Uriah Real Estate Organization
Listed By:
Uri Uriah · License #9002555
(210) 315-8885
Source:
Texashomeguide
Added: Aug 14
Changed: Oct 7
Last Checked: Oct 7 at 1:08PM
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 Uriah Real Estate Organization
Investment Insights
Based on property information with market context.
This C-2 mixed-use property includes two freestanding buildings totaling approximately 2,255 square feet on 0.21 acres. The 1,002-square-foot former retail/shop building is paired with a 1,253-square-foot former restaurant building that retains restaurant infrastructure, including a vent hood system. On-site parking supports the property’s existing configuration.
The site occupies the signalized corner of San Pedro Avenue and El Monte Boulevard, just north of Downtown San Antonio. Access to US-281, Loop 410, and Interstate 10 connects the property with surrounding areas. Nearby demand drivers and commercial destinations include Olmos Park, Monte Vista, The Quarry Market, North Star Mall, San Antonio College, and the San Pedro commercial corridor.
C-2 zoning supports a range of stated commercial uses, including retail, restaurant, office, service-oriented, medical, and professional service concepts.
The site occupies the signalized corner of San Pedro Avenue and El Monte Boulevard, just north of Downtown San Antonio. Access to US-281, Loop 410, and Interstate 10 connects the property with surrounding areas. Nearby demand drivers and commercial destinations include Olmos Park, Monte Vista, The Quarry Market, North Star Mall, San Antonio College, and the San Pedro commercial corridor.
C-2 zoning supports a range of stated commercial uses, including retail, restaurant, office, service-oriented, medical, and professional service concepts.
Key Highlights
- Two freestanding buildings total approximately 2,255 square feet
- 1,253 SF former restaurant building includes existing vent hood infrastructure
- 1,002 SF former retail/shop building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,273
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,460
$685.5K
Cap Rate 7%
$489,614
$489.6K
Cap Rate 9%
$380,811
$380.8K
Market Conditions
NOI Build-Up for 2,255 SF
Gross rent
$47.4K $21.00/SF
− Vacancy
−$1.7K −$0.74/SF
EGI
$45.7K $20.27/SF
− OpEx
−$11.4K −$5.07/SF
NOI
$34.3K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,460
Cap Rate 7%
$489,614
Cap Rate 9%
$380,811
Alternative Uses
Best Use
Specialty Retail
$489.6K
$428.4K – $571.2K
NOI $34,273 @ 7.0% cap · market cap 6.47%
Second Best
Retail
$431.2K
$377.3K – $503.1K
NOI $30,186 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$575.2K
$503.3K – $671.1K
NOI $40,265 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in San Antonio, TX
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two freestanding buildings combine retail/shop and restaurant improvements with existing vent hood infrastructure.
Where is this mixed-use property located?
The property is located at 298 El Monte Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Two freestanding buildings total approximately 2,255 square feet; 1,253 SF former restaurant building includes existing vent hood infrastructure; 1,002 SF former retail/shop building
