1402 Hoefgen AveSan Antonio, TX 78210

This exceptional 12,950 square foot industrial property, situated on a 2.03-acre lot in San Antonio, Texas (78210), presents a compelling value-add investment opportunity. The property, classified as Class C, boasts three buildings totaling 12,950 square feet of rentable space, including a dedicated office building and two warehouses. Currently 47.2% occupied, it offers immediate cash flow potential with significant upside. Recent renovations in 2023 included new yard paving, building repainting, office upgrades, and landscaping. The property features two loading docks and one dock-high door, along with an additional 5,375 square feet of covered storage. Zoned I-1, this strategically located property is just a few hundred feet from US 281 and 1.5 miles southeast of downtown San Antonio, offering excellent access to major transportation routes. The asking price is $2,200,000, translating to $169.88 per square foot and $24.87 per square foot for the land. The vacant space (approximately 6,809 square feet of office and shop space) provides owner-users with the opportunity to occupy and offset costs with existing rental income. The property's proximity to downtown, Hemisfair, Southtown, and the potential future home of the San Antonio Spurs positions it for long-term appreciation. This fee-simple title property built in 1965 offers a rare blend of immediate income and future growth potential.