1020 Roosevelt Ave 2,400 SF Vacant Retail Building San Antonio, TX 78210 $379,000 ($157.92/SF)

2,400 SF | $157.92/SF | Gross yield ~10% | Fully Renovated 2022 | C-1 Commercial | Up to 3-Tenant Layout
1020 Roosevelt Avenue is a freestanding, fully renovated retail building priced at $157.92 per square foot — approximately 24% below the San Antonio retail market average of $208/SF. For an investor, that gap represents immediate equity and room to perform.
At current market NNN lease rates of $16/SF, the building generates an estimated $38,400 in net annual income — a yield of approximately 10%, well above the San Antonio retail market average cap rate of 6.7% (all per Costar).
The flexible floor plan can accommodate up to three tenants, creating multiple income streams from a single asset. It is equally well-suited for an owner-occupant who wishes to offset carrying costs with rental revenue from the remaining units.
Zoned C-1 Commercial, the permitted use set is broad: boutique retail, professional office, studio, food and beverage, wellness, or creative use. The building is plumbed and wired for expansion and includes a full bathroom with shower, enabling a live/work configuration.
Renovations completed 2023 were comprehensive — sealed and polished concrete floors, custom cabinetry, quartz surfaces, high-efficiency HVAC, tankless water heater, new custom doors, exterior dusk-to-dawn lighting, and a dual-zone alarm system. The building is 100% move-in ready with no post-closing capital expenditure required.
Located on Roosevelt Avenue — a primary arterial connecting Downtown San Antonio to the Southtown corridor — the property sits within the newly designated River Artes District minutes from:
• Lone Star Brewery (major mixed-use redevelopment now underway)
• Project Marvel entertainment district, Downtown
• King William Historic District and Lavaca neighborhood
• Mission Trail and the South Alamo cultural corridor
• Blue Star Arts Complex
50' of frontage on Roosevelt Ave | Corner lot at Roosevelt & McKinley | Walk Score 50 | Drive Score 90 | Bus access | I-10 Exposure
Freestanding ownership. Immediate usability. Income-capable from day one.