29 S Chadbourne St - Drug Store FOR SALE


San Angelo, TX 76903
$1,500,000 USD
325-276-0757
29 S Chadbourne St, San Angelo, TX for Sale
$1,500,000 USD
Drug Store - FOR SALE
1/58
null | Request Cap Rate

29 S Chadbourne St
San Angelo, TX 76903


HIGHLIGHTS

  • Downtown San Angelo Area
  • Historic Building
  • Heavy Traffic
  • Tourism and Shopping Hub
  • Nightlife and Events

OVERVIEW

29 S Chadbourne Street presents a rare opportunity to acquire a landmark commercial property in the heart of Downtown San Angelo. Known historically as the Myers Drug building, this prominent asset combines architectural character, strategic location, and redevelopment potential within one of the city's most active commercial and entertainment districts. Positioned amid downtown restaurants, retailers, offices, nightlife venues, and community events, the property benefits from consistent pedestrian activity and strong visibility throughout the year. The two-story building offers flexibility for a variety of commercial, retail, office, hospitality, mixed-use, or specialty redevelopment concepts. Its Central Business District zoning supports a broad range of permitted uses, creating opportunities for owner-users, investors, and developers seeking a distinctive downtown presence. The property's historic character provides an authentic setting that can be repositioned to meet modern business and consumer demands while preserving its established identity within the community. A significant differentiator is the inclusion of dedicated parking areas associated with the property, an increasingly valuable amenity within downtown environments. Combined with frontage along Chadbourne Street and proximity to San Angelo's tourism, shopping, dining, and entertainment destinations, the asset offers exceptional accessibility and exposure for future occupants or tenants. Whether envisioned as a flagship retail destination, creative office environment, entertainment venue, mixed-use redevelopment, or long-term investment hold, 29 S Chadbourne Street delivers a combination of location, history, visibility, and flexibility that is difficult to replicate within the Downtown San Angelo market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Myers Drug

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CBD

APN/PARCEL ID

23-41700-0130-001-00

ASK ABOUT THIS PROPERTY

Sterling FryarKeller WilliamsMore Info
325-276-0757

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Sterling FryarKeller WilliamsMore Info
325-276-0757

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