Turnkey Corner Restaurant and
603 Bandera Rd San Antonio, TX 78228
603 Bandera Rd, San Antonio, TX, 78228
$699,000
For Sale
$699,000
Turnkey corner property with restaurant FF&E, a 1,245 SF apartment, and C-2 zoning with three access points.
Property Size6,025 SF
Lot Size0.43 Acres
Price / SF$116.02
Days on Market300
Property Features for 603 Bandera Rd
General Information
- Standard status
- Active
- Size
- 6,025 SF
- Lot size
- 0.43 Acres
Listing Agency
eXp Commercial - TX
(210) 549-6728
Listed by
Drew Whelchel · License #775947
(210) 549-6728
Source
Expcommercial
Added: Sep 22, 2025 Checked: Jul 18 at 2:51 am
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 eXp Commercial - TX
Investment Insights
Based on property information with market context.
This is a turnkey corner property featuring a restaurant space with conveying restaurant FF&E and a separate 1,245 SF apartment. The offering is configured for dual-use flexibility, including live/work options for the apartment or generating supplemental rental income, with immediate operational capability for food service.
The site is located on a corner with three access points, including Bandera Road and dual access from W. Ashby. The property has visibility on Bandera Road with 25,000 VPD. C-2 zoning supports restaurant, retail, professional office, and medical office uses.
Seller represents no tenant leases, and immediate possession is available at closing. The sale is real estate only, with the restaurant FF&E and apartment conveying.
The site is located on a corner with three access points, including Bandera Road and dual access from W. Ashby. The property has visibility on Bandera Road with 25,000 VPD. C-2 zoning supports restaurant, retail, professional office, and medical office uses.
Seller represents no tenant leases, and immediate possession is available at closing. The sale is real estate only, with the restaurant FF&E and apartment conveying.
Key Highlights
- 6,025 SF corner property on 0.43 acres with C‑2 zoning and three access points (Bandera Rd + dual W. Ashby).
- Restaurant space totals 4,781 SF and conveys with existing restaurant FF&E for immediate food service operation.
- Includes a 1,245 SF upstairs apartment for live/work use or supplemental rental income.
Local Financial Insights For Apartment 5plus
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 | $119.3k | $19.80 |
| − Vacancy | −$7.4k | −$1.23 |
| EGI | $111.9k | $18.57 |
| − OpEx | −$50.4k | −$8.36 |
| NOI | $61.5k | $10.21 |
6,025 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$1.31M
$1.14M – $1.53M
NOI $91,572 @ 7.0% cap · market cap 13.10%
Second Best
Office B
$1.17M
$1.03M – $1.37M
NOI $82,114 @ 7.0% cap · market cap 11.75%
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,581 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Golfo De Mexico
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey corner property with restaurant FF&E, a 1,245 SF apartment, and C-2 zoning with three access points.
Where is this conventional restaurant located?
The property is located at 603 Bandera Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,025 SF corner property on 0.43 acres with C‑2 zoning and three access points (Bandera Rd + dual W. Ashby).; Restaurant space totals 4,781 SF and conveys with existing restaurant FF&E for immediate food service operation.; Includes a 1,245 SF upstairs apartment for live/work use or supplemental rental income.
