Value Add Office | River Walk
Office | 20,618 SqFt
Marketing description
The existing 12,918sf Class C office plus 7,700sf (18 spaces) parking garage was built in 1925 according to Bexar County.
This could be a great opportunity for a law office or creative office user to remodel the existing building and enjoy their dedicated parking garage.
Other high demand uses for this location include: Extended Stay or Boutique Hotel, Cocktail Bar, Food Hall, Entertainment Venue, Parking Garage, Microbrewery, Specialty Grocery, Event Space, Art Gallery/Museum, Mixed-Use Development
Deal Room: https://docsend.com/view/s/x6zbm9y4bmdevpj2
Investment highlights
The site is within the Houston Street Tax Increment Reinvestment Zone (TIRZ) and Community Revitalization Action Group Area (CRAG) and can qualify for City development fee waivers as well as impact fee reductions.
San Antonio River Walk is next to the site and generates an estimated 14 million total visits annually contributing an estimated $3 billion to San Antonio's economy.
Tower Life is a 242 unit luxury apartment complex going in across the street and estimated to open in 2026.
Granada Homes is a 265 unit $61M multifamily renovation project across the street completed in 2023.
Bexar County Courthouse is 1 block from this site which attracts 5,000-8,000 daily visitors and is severely under parked.
Hemisfair Park and Henry B. Gonzalez Convention Center are approximately 0.25 miles from this site which includes the $185M new Monarch Hotel and the new Marvel Project.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
