115-119 E Concho Avenue,San Angelo, TX 76903
San Angelo, TX 76903
Description
Prime Downtown San Angelo Commercial Investment Opportunity with 1.38 Acres. Positioned in the heart of Downtown San Angelo's established Concho Avenue commercial and retail district, this unique property offers an exceptional combination of historic character, strategic location, substantial land, parking, and significant capital improvements. Originally constructed in the 1920s and remodeled in 2011-2012, the property encompasses approximately 1.38 acres, providing valuable land and flexibility in one of San Angelo's most desirable downtown locations. The property benefits from its proximity to the Concho River, downtown walking trail, established retailers, restaurants, and other popular businesses, creating strong exposure and convenient access for customers, employees, and potential tenants. An abundance of paved parking is a significant asset for a downtown commercial property and adds to the property's overall functionality and investment appeal. The existing building offers a versatile layout with large storefront windows, high ceilings, spacious retail/showroom areas, warehouse space and storage space, with 5 successful tenants currently in place, including a restaurant and 1 retail vacant space. For an investor, owner-user, or commercial operator, the property presents an opportunity to acquire a substantial downtown footprint with existing infrastructure and meaningful improvements, while benefiting from the continued activity and established traffic of the Concho Avenue district. The combination of land, parking, current tenants, building improvements, and location provides flexibility for a variety of current and future commercial strategies. Major property improvements include: New TPO roof installed in 2021, 2 new rooftop HVAC units, full-building sprinkler system installed in 2011-2012, entire parking lot paved in 2011-2012. A rare opportunity to secure a large, improved commercial property in the heart of Downtown San Angelo.
Details
| MLS | 202641 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 20 |
| Listing Provided By | Keller Williams Synergy | The Herbert Group |
Features
| SQ Feet | 33,890 |
|---|---|
| Story(s) | 1 |
| Zoning | Central Business |
| Acreage | 1.38 |
Interior
| Heating | Central, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
Exterior
| Roof | Other |
|---|---|
| Construction Materials | Brick, Stucco |
Parking
| Parking Features | Additional Parking, On Street, Asphalt |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
Taxes
| Tax Block | D |
|---|---|
| Tax Legal Description | Acres: 1.384 Blk: D Subd: San Angelo Addition Lts 17 To 22 &N20 Of 11&12 &E25 Of 16&23 &N20 Of E25 Of 13 & Pt St (115-119 E Concho) |
| Tax Lot | - |
Area Information
| State | TX |
|---|---|
| County | Tom Green |
| City | San Angelo |
| Zip Code | 76903 |
| Area | Tom Green |
| Neighborhood | San Angelo |
| Listing VS Median (in San Angelo) | |
Price: $1,400,000 low | high Med: $482,500 sqft: 33,890 low | high Med: 4,096 $ / sqft: $41 low | high Med: $127 On site: 20 low | high Med: 244.5 | |
Market Activity 76903
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Tom Green |
| City | San Angelo |
| Zip Code | 76903 |
| Area | Tom Green |
| Neighborhood | San Angelo |
| Listing VS Median (in San Angelo) | |
Price: $1,400,000 low | high Med: $482,500 sqft: 33,890 low | high Med: 4,096 $ / sqft: $41 low | high Med: $127 On site: 20 low | high Med: 244.5 | |