Historic Commercial Building with
315 N Chadbourne Street San Angelo, TX 76903
315 N Chadbourne Street, San Angelo, TX, 76903
$999,999
For Sale
$999,999
COMMERCIAL - San Angelo, TX
Property Size9,750 SF
Lot Size0.22 Acres
Price / SF$102.56
Days on Market51
Property Features for 315 N Chadbourne Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Security features
- Security System
- Fencing
- Fenced
- 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
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Central, Forced Air
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1957
- Flooring type
- Wood, Tile, Concrete
- Building materials
- Brick
- Roof type
- Membrane
Listing Agency
Coldwell Banker Legacy
(325) 944-9559
3017 Knickerbocker Rd, San Angelo, TX
Listed by
Kane Harris · License #0691377
(979) 204-7067
Added: Jun 1 Updated: Jul 11 at 7:01 am Checked: Jul 21 at 5:06 am
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Masters Cabinet Shop
General Contractor
BEADazzled Creations
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
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
