1602 Hamilton Ave San Antonio, TX 78207
- Retail properties
- 5,520 SF
- 0.58 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1602 Hamilton Ave
- Year built
- 1972
- Lot size
- 0.58 lot acres
- Property size
- 5,520 SF
- Property type
- Retail properties
Description
This exceptional 5,520 square foot retail building, located at 1602 S Hamilton Ave in San Antonio, Texas, presents a lucrative investment opportunity. Built in 1972 and extensively renovated in 2023, this Class C property sits on a 0.577-acre lot and boasts a C-2 zoning designation. Currently configured as a single-tenant convenience store (approximately 4520 sq ft, including inventory), the sale includes the operating business. Additionally, there's a separate 1000+ square foot standalone building available for lease at $2500/month, with the owner offering free rent for tenant improvements. A vacant lot is also available for ground lease at $2000/month, also with free rent for improvements. The asking price for the entire property is $1,800,000, with owner financing available. Lease terms are favorable, with an initial five-year lease and three five-year renewal options. The property enjoys a prime location in the Greater Gardendale area of Southwest San Antonio, near parks, major roadways (S Zarzamora), and Elmendorf Lake Park, ensuring high visibility and accessibility. This versatile property offers a unique blend of immediate income generation and significant future development potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5334
- Latitude
- 29.4111