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Property profile & analytics
FOR SALE
Commercial real estate

204 S Austin St Seguin, TX 78155

34,119 SF 0.92 ac lot Built 1930
Entity Owned Free & Clear
Property ID
US82-4810568
Property summary
AI-generated overview

This exceptional mixed-use property, located at 204 S Austin St in Seguin, Texas, presents a unique investment opportunity. The 3,644 square foot building, boasting 4,954 square feet of net rentable space, underwent a complete renovation in 2020. Situated across from the Guadalupe County Courthouse, this two-story building offers unparalleled visibility and accessibility. The property features a blend of creative, executive, and traditional office spaces, currently configured for multi-tenant occupancy with a gross lease structure. A spacious conference room (up to 20 people) and private, dedicated desk spaces upstairs, complete with a balcony overlooking Austin Street, provide versatile options for various uses. The building also includes soundproof pods, a refreshment center, and is tech-ready with WiFi, TVs, and printing facilities. All kitchen hookups are in place, making it ideal for a restaurant, bistro, or coffee shop. The building's historical charm, exposed brick, high ceilings, and large windows create a unique atmosphere. The property's strong financial performance is reflected in its $50,000 net operating income (NOI) and 5.11% cap rate, making it an attractive investment for owner-users. The new roof ensures long-term protection and peace of mind. This prime downtown location offers excellent visibility and accessibility, fostering networking opportunities and attracting a loyal customer base. The asking price is $979,000. The property's APN is 27961.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 34,119 SF
Lot 0.92 ac (39,997 SF)
APN 1G-1460-0194-00100-000
UPID US82-4810568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Restoration Ads Professionals Advertising Agency Marketing & Advertising
  • White Line Realty Real Estate Agency
  • The Rise Co-Working Offices Coworking & Hybrid Office
  • Monumental Roofing Services Construction Company General Contractor
  • Deep Six Pest Control Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M
Owner & transaction history
FIRST UNITED BANK & TRUST COMPANY
FIRST UNITED BANK & TRUST COMPANY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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