1423 Hamilton Ave San Antonio, TX 78207
This exceptional retail building, located at 1423 S Hamilton Ave in San Antonio, Texas, presents a unique investment opportunity. The property boasts a prominent corner location at a busy four-way intersection in the Greater Gardendale District, ensuring high visibility and accessibility. The building, constructed in 1960, offers 2,924 square feet of space, with 1663+ square feet of retail space on the ground floor currently in shell condition, ready for tenant build-out. The upper floor comprises leased residential space, providing a consistent income stream. The asking price is $500,000, translating to $171 per square foot. The property sits on a 0.086-acre lot and is zoned C-2, allowing for a variety of commercial uses. Features include a fenced and gated property, ample on-site parking in front of the building, additional street parking on both sides, and dedicated residential parking in the rear. Its convenient location offers proximity to parks, Elmendorf Lake, and S Zarzamora, adding to its appeal. This two-story building presents a compelling blend of retail and residential income potential in a high-traffic area of San Antonio. The property's strong location and versatile zoning make it an ideal investment for savvy buyers seeking a high-return opportunity in a densely populated neighborhood. The building is currently offered as a single-tenant property with a modified lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.