Active
1402 HOEFGEN AVE
San Antonio TX, 78210
$2,200,000
$169.88 per sqft
Active
12,950 sqft
Commercial
Built in 1965
1402 Hoefgen is a 2.03 Acre property located just a few hundred feet east of U.S 281 and 1.5 miles southeast of Downtown San Antonio. It features 12,950 Sf of net rentable area, three buildings, including one dedicated office building, two warehouses, covered parking and an additional 5,375 Sf of covered storage. Ownership recently completed several capital improvement projects including laying down new base for the yard, painting the buildings, upgrading the office and landscaping the property. The property offers investors the opportunity purchase the property with in-place cash flow, lease the remaining vacant space and stabilize at a market cap rate. Additionally, owner-users can occupy the remaining vacancy (6,809 Sf of office and shop space) and offset their costs with in-place income from the existing tenant. This property sits proximate to downtown San Antonio, hemisfair, southtown and less than a mile from the reported future home of the San Antonio Spurs. Long-term investors with a forward outlook are likely to benefit from the dynamic changes taking place just a short distance away.
1803992
MLSⓇ ID
August 26, 2024
Listed
October 1, 2024
Updated
Map
1402 HOEFGEN AVE
San Antonio TX, 78210
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
2.03 Acres
Roof
Built-Up
School Information
School District
San Antonio I.S.D.
Other Property Details
Area Name
1100
Taxes
$37,162
Tax Frequency
Annually
Days on Market
29
Garage
No
Parking Total
30
View
No
County
Bexar
Pool
No
Zoning
I-1
Courtesy of Collin Newton, Centro Properties
Listing Contact: (210) 268-9880
Source: ©2024 San Antonio Board of Realtors
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Data last updated 7:07 PM UTC, 10/1/2024