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Historic Seguin Building: Prime Location

204 S Austin St Seguin, TX 78155

204 S Austin St, Seguin, TX, 78155
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For Sale
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Unique commercial space with historical charm and flexible layout.

Property Size3,644 SF
Price / SF$246.43
AddedNov 14, 2024
Days on Market609
Last RefreshJul 16 at 6:24 am

Property Features for 204 S Austin St

General Information

Standard status
Active
Size
3,644 SF
Property subtype
Mixed Use, Office, Special Purpose

Listing office Collab-RT Realty LLC

Listing date Nov 14, 2024

Source Crexi

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 Collab-RT Realty LLC


Investment Insights

Based on property information with market context.

Located in the heart of Seguin at 204 South Austin Street, this property offers excellent visibility and accessibility. The building features historical charm with an industrial design, including exposed brick walls, high ceilings, and large windows. A new roof has recently been completed. The open concept floor plan allows for flexible interior design, suitable for a bar area, dining section, or a stage for live music. A spacious conference room can accommodate up to 20 people and could be repurposed as a private dining area or for hosting special events. Upstairs, there are private, dedicated desk spaces overlooking Austin Street, along with a balcony suitable for outdoor seating. A refreshment center with coffee and snacks is available. The property includes private, soundproof pods, ideal for creating intimate dining booths or themed seating areas. It is equipped with WiFi, TVs, and printing facilities. The property offers a blend of history, flexibility, and community, making it suitable for a vibrant bar or restaurant. The property size is 3644 square feet.

Key Highlights

  • Prime Downtown Location: Excellent visibility and accessibility at 204 South Austin Street in Seguin.
  • New Roof: Provides reassurance and protection.
  • Historical Charm: Exposed brick walls, high ceilings, and large windows create a unique atmosphere.

Local Financial Insights For Specialty 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 $72.6k $19.92
− Vacancy −$2.9k −$0.80
EGI $69.7k $19.12
− OpEx −$17.4k −$4.78
NOI $52.3k $14.34
3,644 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$746.6K
$653.3K – $871.1K (±1% cap)
NOI $52,264 @ 7.0% cap · market cap 5.82%
Second Best
Office B
$709.5K
$620.8K – $827.7K (±1% cap)
NOI $49,664 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$955.8K
$836.3K – $1.12M (±1% cap)
NOI $66,904 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restoration Ads Professionals Advertising Agency White Line Realty Real Estate Agency The Rise Co-Working Offices Coworking & Hybrid Office Monumental Roofing Services Construction Company Deep Six Pest ... Garden Center

Suggested Use

Building Supply Big Box & Wholesale Store Parking Lot & Garage Daycare Center Kitchen & Bath Showroom Computer & Electronic Repair Home Appliance Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The 1908 — 100 E Court St, Seguin, TX 78155
  • Caco's holiday bar — Seguin, TX 78155
  • Schultz Saloon — 109 N Austin St, Seguin, TX 78155
  • Pecantown Books & Brews — 212 S Camp St, Seguin, TX 78155
  • i-Snack - Mexican Ice Cream and Snacks — 706 S Austin St, Seguin, TX 78155

FAQs

What type of property is this?
Bar & Pub - Unique commercial space with historical charm and flexible layout.
Where is this bar & pub located?
The property is located at 204 S Austin St Seguin, TX.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Prime Downtown Location: Excellent visibility and accessibility at 204 South Austin Street in Seguin.; New Roof: Provides reassurance and protection.; Historical Charm: Exposed brick walls, high ceilings, and large windows create a unique atmosphere.
Contact an agent
(830) 481-2233 Call to check price and availability
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