Southtown Office/Retail/Loft - Roosevelt Ave
Move-in Ready Office/Retail in the Southtown Commercial Corridor
Marketing description
2,400 SF | $157.92/SF | Gross yield ~10% | Fully Renovated 2022 | C-1 Commercial | Up to 3-Tenant Layout
1020 Roosevelt Avenue is a freestanding, fully renovated retail building priced at $157.92 per square foot — approximately 24% below the San Antonio retail market average of $208/SF. For an investor, that gap represents immediate equity and room to perform.
At current market NNN lease rates of $16/SF, the building generates an estimated $38,400 in net annual income — a yield of approximately 10%, well above the San Antonio retail market average cap rate of 6.7% (all per Costar).
The flexible floor plan can accommodate up to three tenants, creating multiple income streams from a single asset. It is equally well-suited for an owner-occupant who wishes to offset carrying costs with rental revenue from the remaining units.
Zoned C-1 Commercial, the permitted use set is broad: boutique retail, professional office, studio, food and beverage, wellness, or creative use. The building is plumbed and wired for expansion and includes a full bathroom with shower, enabling a live/work configuration.
Renovations completed 2023 were comprehensive — sealed and polished concrete floors, custom cabinetry, quartz surfaces, high-efficiency HVAC, tankless water heater, new custom doors, exterior dusk-to-dawn lighting, and a dual-zone alarm system. The building is 100% move-in ready with no post-closing capital expenditure required.
Located on Roosevelt Avenue — a primary arterial connecting Downtown San Antonio to the Southtown corridor — the property sits within the newly designated River Artes District minutes from:
• Lone Star Brewery (major mixed-use redevelopment now underway)
• Project Marvel entertainment district, Downtown
• King William Historic District and Lavaca neighborhood
• Mission Trail and the South Alamo cultural corridor
• Blue Star Arts Complex
50' of frontage on Roosevelt Ave | Corner lot at Roosevelt & McKinley | Walk Score 50 | Drive Score 90 | Bus access | I-10 Exposure
Freestanding ownership. Immediate usability. Income-capable from day one.
Investment highlights
- Stand alone building
- Live / Work capability
- Freeway visibility
- Kitchen & full bath
- Fully remodeled
- Custom details throughout
- Flexible layout for up to three tenants or uses
- Proximity to Southtown, Lone Star Brewery development, Mission Trail
- 2,400 SF
- Concrete slab, brick and cinder block construction
- Zoned Commercial (*residential loft capability)
- Fully renovated
- 5 ton High Efficiency Inverter A/C with heat Unit - installed 2024
- Tankless flash Energy Efficient hot water heater
- Front office (or) storefront with commercial tinted glass windows, custom designed kitchenette- white oak cabinets, quartz counter top, touch screen induction cooktop, touchless faucet & stainless steel sink, plus a separate individual AC unit, smart lock technology, new paint throughout!
- Fully renovated bathroom with contemporary design and functioning shower
- Large warehouse/studio space with high ceilings, custom stainless steel sink, commercial glass doors equipped with custom security doors. Newly painted, sealed concrete floors, and 50ft of continuous wall perfect for creative endeavors. *Bonus: for future opportunities the partition-wall is plumbed w/ hot & cold water lines, a sink drain and 220v electrical for stove/washer/dryer connection.
- Alarm system throughout w/partition capability - dual space use or rental income purposes
- Additional private office, storage or break room
- Custom Exterior LED lighting (automatic dusk-to-dawn)
- Commercial-grade TPO roof
- 220v wiring throughout
- High Speed Internet
- Turnkey move-in ready for business, personal, or investment!
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