1123 N Main Ave - Medical FOR SALE


San Antonio, TX 78212- Tobin Hill
$5,350,000 USD
732-856-4349
1123 N Main Ave, San Antonio, TX for Sale
$5,350,000 USD
Medical - FOR SALE
1/51
null | Request Cap Rate

1123 N Main Ave
San Antonio, TX 78212
Tobin Hill


HIGHLIGHTS

  • Near Recently Approved $160 Million Baseball Stadium
  • CONVENIENTLY LOCATED NEAR ALL CBD AMENITIES, MAJOR HOSPITAL SYSTEMS, AND HIGHWAY NETWORKS, INCLUDING IH-35, HIGHWAY 281, IH-37, AND IH-10.
  • BENEFIT FROM BEING LOCATED IN A HUBZONE TO SUPPORT GROWTH AND DEVELOPMENT OPPORTUNITIES.

OVERVIEW

Zeustra Investment Real Estate Advisors is pleased to present a unique infill investment opportunity at 1123 N Main Avenue, a high-character, two-story medical office building located in the heart of San Antonio’s rapidly transforming urban core. Just blocks from Methodist Hospital and Baptist Medical Center, and surrounded by more than $1 billion in nearby planned and ongoing development, this ±37,708 SF asset offers immediate functionality and significant long-term upside in one of Texas’s most active healthcare and redevelopment corridors. The building sits on ±1.10 acres with 131 on-site parking spaces—a rare urban amenity—and is configured for clinical/medical use. It was extensively remodeled in 2004 and further upgraded in 2016, with C-3 zoning allowing for a wide range of medical, office, or mixed-use strategies. Its mostly vacant status allows for immediate activation with no legacy lease constraints. Positioned within San Antonio’s Tobin Hill/Pearl District, 1123 N Main is steps from the $446 million VIA Rapid Transit Green Line, and within close proximity to major urban projects including the $160M Missions Ballpark Redevelopment, $300M Museum Reach Mixed-Use Project, and the proposed $1B San Antonio Spurs Downtown Arena and Entertainment District. With a prime location, zoning flexibility, and direct access to infrastructure, hospitals, and institutional investment, this property represents a rare blank canvas—ideal for re-tenanting, adaptive reuse, or ground-up redevelopment in a high-growth submarket.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Packard Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

131

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C-3

APN/PARCEL ID

00380-003-0150

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.