1123 Main Ave San Antonio, TX 78212-4740
- Medical offices
- 37,708 SF
- 1.11 lot acres
Current Use by Public Records
- Murali Senapathi / Cardiologist / Practitioner Service Location
- rainbird / Consultant
- Muhammad Abdullah / Practitioner Service Location / Nephrologist
- Stuart Redding / Physical Therapist
- Alpine Healthcare / Home Health Care Service
Property Details for 1123 Main Ave
- Year built
- 1960
- Lot size
- 1.11 lot acres
- Property size
- 37,708 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 00380-003-0150
- APU
- 3800030150
Description
The Packard Building, a two-story, 36,706 square foot Class B office building, offers flexible space ideal for various uses. Originally built in 1929 and extensively renovated in 2004, this property boasts a strong existing medical tenant mix (cardiology, renal, and physical therapy), making it perfect for medical ancillary services or general office tenants. Three spaces are currently available, ranging from 1,393 to 6,188 contiguous square feet, with the possibility of further subdivision. Suite 209, a 6,188 square foot clinical suite (divisible), and Suite 219, a 5,337 square foot general office suite (divisible), are highlighted. Individual offices are also available for short-term leases. The building features 131 parking spaces (surface and rooftop), elevators, and is conveniently located in the Tobin Hill neighborhood of Midtown North Central, adjacent to San Antonio's central business district and major hospital systems (Metropolitan Methodist, Baptist Medical Center, Children's Hospital, and UT Health). Its location offers easy access to IH-35, Highway 281, IH-37, and IH-10, as well as public transportation. The building's lobby, mechanical, and electrical systems have been recently upgraded. The property sits on 4,115 acres and is zoned C-2NA Commercial. This is a unique opportunity to lease space in a well-maintained, centrally located building with a proven track record.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,094,000
Market price range: $1.97M - $6.38M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,295,000 Current use
- RESTAURANT
- $5,495,000 Change: +28% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,420,000 Change: +26% Conversion: Easy
- RETAIL STORES
- $5,050,000 Change: +18% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,840,000 Change: +13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.4945
- Latitude
- 29.439
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
