513 Fenfield Ave San Antonio, TX 78211-2921
This exceptional mixed-use property, located at 513 Fenfield Ave in San Antonio, Texas, presents a unique investment opportunity. The 1,897 square foot building, constructed in 1965, sits on a single story and is comprised of two units. Currently operating at 50% occupancy, it offers significant upside potential. The property boasts a diverse range of permitted uses under its C3 zoning, including but not limited to: bar, convenience store, gas station, nail salon, barbershop, restaurant (with alcohol sales), liquor store, and many more. The attached residential rental unit generates income, helping to offset monthly expenses. Situated in Bexar County, near downtown San Antonio's thriving Southside, this property benefits from high visibility and substantial drive-by traffic. Its established location, surrounded by other businesses and restaurants, ensures a strong foundation for future growth. The asking price is $299,000, translating to $157.62 per square foot. This is a rare chance to acquire a versatile commercial property with immediate income potential in a rapidly developing area. The property's zoning allows for a wide variety of uses, making it an ideal investment for both seasoned and new investors. Don't miss this chance to own a piece of San Antonio's vibrant commercial landscape.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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