San Antonio Commercial Real Estate

San Antonio Commercial Real Estate

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San Antonio Commercial properties For Sale:

$748,000
1938732 MLS ACTIVE Status
A rare opportunity in the heart of Alamo Heights. Set on an oversized 0.41-acre lot between Broadway Street and Cambridge Oval, 107 Willim offers something increasingly difficult to find: a substantial parcel in an exceptional location with multiple paths forward. The existing four-unit property provides an immediate foundation for the next owner's vision. Give the units a quick refresh and reposition them for rental income, undertake a more comprehensive renovation, or explore the long-term redevelopment potential of the site. Zoned MFD, the property may offer opportunities for additional residential density or other permitted uses, subject to City of Alamo Heights approval and independent verification. Location is a defining advantage. Just blocks from Merit Coffee, Bird Bakery, Paloma Blanca and other neighborhood favorites, with Central Market, H-E-B, shopping, dining and everyday conveniences only minutes away, the property sits in one of the most desirable and established areas of San Antonio. Original wood floors, abundant natural light and classic character remain throughout the existing building, giving renovation-minded buyers a strong starting point. For developers and investors, the size of the lot, zoning and location create an entirely different opportunity to explore what the property could become. Renovate. Reposition. Redevelop. Few properties offer this combination of location, lot size and flexibility in Alamo Heights. 107 Willim is an opportunity to acquire a distinctive piece of real estate today, and determine the best vision for its next chapter.

107 Willim, San Antonio

$729,999
2005498 MLS PRICE CHANGE Status
This is a rare opportunity to acquire three multifamily buildings on three separate parcels in one package, offering immediate cash flow with significant upside. Situated on 0.345 acres and totaling 4,286 SF, the property is zoned MF-33, providing valuable flexibility in a market where multifamily opportunities are increasingly difficult to find. The portfolio has undergone substantial improvements, with two buildings recently rehabilitated and the third approximately 70% complete, allowing a new owner to finish the project and realize the remaining value-add potential. Currently, three units are leased with two additional units ready for occupancy, providing an immediate opportunity to increase cash flow through lease-up. The property's pro forma gross annual income is approximately $64,200 with estimated operating expenses of $22,610 (including property taxes, insurance, maintenance, and utilities currently paid by ownership), resulting in a projected Net Operating Income of approximately $41,590. At the asking price, the property offers an attractive 5.55% cap rate, with additional upside available through operational improvements. An additional approximately 850 SF of unfinished space presents the opportunity to create income-producing space, further enhancing returns. There may also be future opportunities to reduce operating expenses by separately metering utilities or implementing utility reimbursement programs, increasing NOI over time. Whether you're looking to expand your multifamily portfolio or complete a partially finished redevelopment project with strong income potential, 101, 103 & 107 Stanley Ct offers an attractive combination of existing cash flow, redevelopment upside, and long-term investment potential.

101 Stanley Ct, San Antonio

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