2918 Commerce St San Antonio, TX 78207-3762
- Turn key restaurants
- 5,458 SF
- 0.69 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2918 Commerce St
- Year built
- 1977
- Lot size
- 0.69 lot acres
- Property size
- 5,458 SF
- Property type
- Turn key restaurants
- APN
- 02322-001-0130
- APU
- 23220010130
Description
This exceptional San Antonio investment opportunity presents a unique blend of commercial real estate potential. Located at 2918 W Commerce St, this property encompasses three units totaling 15,987 square feet on a 0.685-acre lot in Bexar County, Texas (Zip code 78207). The property features a mix of uses, including a restaurant (approximately 4,404 sq ft), an attached office space (approximately 1,054 sq ft), and a prominent anchor tenant, Bill's Pawn Shop (approximately 10,529 sq ft), with a lease expiring in five years. The property is currently 50% occupied. Built in 1977, this Class B property consists of two single-story buildings and is zoned C-3, offering flexibility for redevelopment or subdivision. The property benefits from high visibility due to ample street frontage and parking, further enhanced by its location within a revitalization zone, the Westside TIRZ, and proximity to planned VIA Silver Bus Line improvements. The gross lease structure and multi-tenant occupancy provide a stable income stream. This owner-user investment opportunity is priced at $2,900,000 and presents significant long-term appreciation potential within a thriving and diverse community. The shared parking lot ensures ample space for all tenants and patrons. This is a prime opportunity to capitalize on the ongoing revitalization efforts in the area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5275
- Latitude
- 29.4279
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
