603 Bandera - Corner Building + Apartment | Priced Below Market | Proven Bandera Rd Corridor

Highlights:

• ● Priced below comparable Bandera Rd sales - $99/SF on the building, under every recent nearby listing
• ● 1,245 SF apartment | Live/work, employee housing, or rental income potential
• ● 0.43 AC corner site in a proven corridor
• ● C-2 zoning | Restaurant, retail, professional office, medical office permitted
• ● Corner site with 25,000 VPD | 3-point access configuration
• ● National brands validate corridor (Raising Cane's, Dunkin', Pizza Hut, Dutch Bros nearby)
• ● St. Mary's University adjacent | Medical Center 15 min | $51,932 median income (1-mile)

Description:

Corner Opportunity, Priced to Move
6,025 SF corner property (4,781 SF restaurant + 1,245 SF apartment) on 0.43 acres with 25,000 VPD visibility on Bandera Road. C-2 zoning permits restaurant, retail, professional office, or medical office use, with three points of access at the corner of Bandera and W. Ashby. Now priced at $599,000, well under comparable buildings currently on the market in this corridor.

Corridor Positioning
Bandera Road between I-10 and Loop 410 continues to draw national brand investment and steady leasing activity, with this corner sitting directly in the path of that momentum. St. Mary's University is adjacent, Ingram Park Mall is 10 minutes away, and the surrounding submarket has posted a 181% year-over-year jump in leasing activity.

For Restaurant Operators
● Space built out for restaurant use, ready for a new concept or continued food service operation
● Select equipment in place; certain items are subject to third-party lease and available for assumption
● Corner visibility on a 25,000 VPD corridor builds brand recognition from day one
● Upstairs apartment offers live-on-site flexibility while establishing the business, housing for a key employee, or supplemental rental income

For Retail & Professional/Medical Office Users
● C-2 zoning permits retail, professional office, and medical/dental office use without a zoning change
● Medical Center (15 min) and St. Mary's University (adjacent) provide a built-in institutional client base
● High-income demographics (1-mile median household income of $51,932) support professional and specialty retail service
● Apartment converts to employee housing, secure storage, or an added rental income stream

For Value-Focused Buyers
● Priced below comparable sales on a 0.43 AC corner site in a corridor with proven national brand activity
● Existing structure suitable for continued use as-is, renovation, or redevelopment, subject to buyer's own due diligence
● Lease the commercial space and apartment separately for dual income streams, or hold for corridor appreciation
● Corner sites of this size on Bandera Rd have drawn sustained brand and investor interest in recent years

Site Details
● Corner position, 3 access points (Bandera Rd frontage + dual W. Ashby Pl access)
● 25,000 VPD on Bandera Road, multi-directional corner visibility
● C-2 zoning: restaurant, retail, professional office, medical office permitted
● No tenant leases in place - immediate possession at closin

Current Status
Owner-occupied restaurant closing. Real estate sale only. Select FF&E conveys; certain equipment is subject to third-party lease and available for assumption or removal at buyer's discretion.

Traffic
25,000 VPD on Bandera Road. Corner visibility with multi-directional exposure.

Submarket Metrics
● Vacancy: 4.5% (submarket) vs. 3.8% (market)
● 12-Month Leasing Activity: 794,221 SF (+181% YOY)
● Average Days on Market: 10.5 months

Proximity
● Downtown San Antonio: 15 min
● San Antonio River Walk: 15 min
● San Antonio International Airport: 20 min
● St. Mary's University: 3 min | 3,457 students, 266+ faculty/staff
● Ingram Park Mall: 10 min | 1.2M SF regional anchor






CORRIDOR POSITIONING
Bandera Road between I-10 and Loop 410. Direct access to both highways.

INSTITUTIONAL ANCHORS
South Texas Medical Center: 15 min | 40,000+ employees
St. Mary's University: 3 min | 3,457 students, 266+ faculty/staff
Ingram Park Mall: 10 min | 1.2M SF regional anchor

NATIONAL BRAND ACTIVITY
Recent QSR deployments within immediate vicinity:
-Raising Cane's (one parcel NW, 2022)
-Dunkin' (one parcel NW, 2023)
-Pizza Hut (one parcel NW, 2023)
-Dutch Bros (one parcel SE, 2024)

DEMOGRAPHICS
1-Mile Radius:
-Population: 15,806
-Median HH Income: $51,932
-Projected HH Growth 2024-2029: 4.32%
3-Mile Radius:
-Population: 165,224
-Median HH Income: $44,261
-Projected HH Growth 2024-2029: 4.79%

TRAFFIC
25,000 VPD on Bandera Road. Corner visibility with multi-directional exposure.

SUBMARKET METRICS
Vacancy: 4.5% (submarket) vs. 3.8% (market)
12-Month Leasing Activity: 794,221 SF (+181% YOY)
Average Days on Market: 10.5 months

PROXIMITY
Downtown San Antonio: 15 min
San Antonio River Walk: 15 min
San Antonio International Airport: 20 min

NCB 9606 BLK 46 LOT SE IRR 77.87 FT OF 1

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