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Solari Reception Hall

$799,000

111 Daniels Road, San Antonio, TX 78220

Active
Last Updated: 12/13/2023

4,153 sqft

Building Size

1.01 acres

Lot Area

Details:
Building Size:    4,153 sqft
Lot Area:    1.01 acres
Year Built:    1970
Highlights:
  • Occupancy is 225
  • Building has Automatic Fire Sprinkler system
  • Business assets for sale with real estate
  • NOI at 108,390 with 13.5% cap rate
Description:

Large operating reception hall for sale - currently booked well into winter of 2023, this hall is used for everything from weddings, to quinces, to baby showers and birthday parties. Open floor plan with functional non-commercial kitchen (wet bar) and storage for all decor and swappable furniture pieces. Plenty of parking and room for potential expansion available on this parcel. 2022 NOI was at $108,390, but projected NOI for 2023 is $141,501 with a 17.7% cap rate

Technically located outside of San Antonio City limits, south of I-10 and North of China Grove

Map:
Documents:
Title
Vertical_Flyer_Sale__NEW_.pdf
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Location
Gallery