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Janet Ridgway

janet.ridgway@gmail.com +1325219451

Listed by The Herbert Group Keller Williams Synergy

$ 1,400,000

Est. payment -/mo

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Active

115-119 E Concho AVE San Angelo, TX 76903

33,890 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 33,890 sqft

Price per Sqft $41

Subdivision San Angelo

MLS Listing ID 202641

Construction Status Updated/Remodeled

Year Built 1970

Lot Size 1.384 Acres

Acres 1.38

Property Sub-Type Mixed Use

Source San Angelo Association of REALTORS®

Property 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.

Location

State TX

County Tom Green

Community San Angelo

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Concrete, Tile

Inclusions Building

Heat Source Central, Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Other

Present Use Retail,Warehouse,Other

Private Pool No

Building

Building Description Brick,Stucco, Brick,Stucco

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Brick,Stucco

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID R000005647

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Janet Ridgway

+1325219451

Janet Ridgway

115-119 E Concho AVE San Angelo, TX 76903

Key Details

Location

Interior

Exterior

Building

Others

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115-119 E Concho AVE