217 S River St - Storefront Retail/Office FOR SALE


Seguin, TX 78155
$2,250,000 USD
254-717-1522
217 S River St, Seguin, TX for Sale
$2,250,000 USD
Storefront Retail/Office - FOR SALE
1/48
null | Request Cap Rate

217 S River St
Seguin, TX 78155


OVERVIEW

The Park Plaza Hotel in Seguin, Texas, is a historically significant property listed on the National Register of Historic Places. Originally constructed in 1917 by noted architect Leo M.J. Dielmann, one of San Antonio and South Texas’ most recognized early 20thcentury architects. The building is a distinctive example of period design that has been carefully adapted for modern use. Renovated in 2015, the Park Plaza was converted into a mixed-use property featuring retail, restaurant, and office spaces. Today, the five-story, 18,827-square-foot building includes approximately 5,433 square feet of ground-floor retail and restaurant space, highlighted by a 4,000-square-foot restaurant with a full kitchen and bar. The upper four floors, totaling 13,394 square feet, are configured as office space with suites ranging from 150 to 350 square feet. These floors can also be leased as larger, full-floor office suites of roughly 3,349 square feet each. Access to the upper floors is provided by both an elevator and an interior stairwell. Situated in the heart of Seguin’s historic downtown, the Park Plaza is just steps from Central Park, the iconic world’s largest pecan, and cultural landmarks such as the Sebastopol House and the Texas Agricultural Education & Heritage Center. The property is also within 40 miles of San Antonio International Airport, providing convenient access for regional and out-of-town visitors. As a designated historic property, the Park Plaza qualifies for historic renovation tax credits and is eligible for city and downtown historic grants, adding valuable financial incentives to future investment or redevelopment plans. With its unique blend of history, architecture, location, and adaptability, the Park Plaza Hotel offers an exceptional opportunity for investors seeking a multi-use property in one of South Texas’ most vibrant communities.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Comm

APN/PARCEL ID

1G1460-0163-00100-0-00

ASK ABOUT THIS PROPERTY

David HollingsworthIntegrated Realty GroupMore Info
254-717-1522

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David HollingsworthIntegrated Realty GroupMore Info
254-717-1522

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